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Ethereum Surges 8% Past $2,300 as BitMine Acquires 71,524 ETH
Ethereum ETH/USD is trading above $2,300 on Tuesday, almost twice as well as the rest of the crypto market. This is because of two strong factors: institutional buying at a record rate and long-awaited regulatory clarity from US securities regulators. In the last 24 hours, ETH has gone up 7.93% to $2,368, while the rest of the market has only gone up 4.22%. BitMine Immersion Technologies said on Monday that it bought 71,524 ETH in the past week, the largest weekly accumulation speed since December 2025. The purchase takes the company’s total Ethereum holdings to about 4.87 million ETH, which is about 4.04% of the ... (full story)
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