The ETH divide: Tom Lee’s ‘$5K Ethereum’ call meets $542M in ETF outflows
Photo: AMBCrypto
As Q4 kicks off, price forecasts for cryptocurrencies are growing more optimistic. The CEO of BitMine Research, Tom Lee, expects to see $5000 ETH by the end of the year. Bitmine has passed the threshold of 6 million ETH in terms of total treasury reserves, demonstrating the importance of the company’s Ethereum bet. Adding to the optimism, BMNR stock grew by more than 70% quarterly. Given this context, bullish speculation on ETH is intensifying.
Source: AMBCrypto
