Bitmine Immersion Technologies Sees End of 'Mini Crypto Winter' for Ethereum
Bitmine Immersion Technologies Chairman Tom Lee has announced that the 'mini crypto winter' affecting Ethereum (ETH) is nearing its end. According to Odaily, the company has maintained a strong buying pace over the past three weeks. Lee highlighted the progress of the CLARITY Act in Congress and the relative stability of the crypto market amid the turmoil in Iran as positive indicators. Since the onset of the conflict in Iran, ETH has risen by 18%, outperforming the stock market by 2,450 basis points, while gold has declined by over 15% during the same period
ETH
Disclaimer: This content is provided via CryptoPanic and third-party sources. Tothemoon does not create, verify, or endorse this content and makes no guarantees as to its accuracy. The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. It is provided for informational purposes only and is not investment advice.
