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Ethereum Price Prediction after Bitmine Increases ETH Holdings to 5.4 Million Coins
On Friday, the crypto market suffered steep declines, but Ethereum is turning around this week. The coin rose 3.43% over the last day, thanks in part to a large purchase from Bitmine. The digital asset company now holds the largest treasury of Ethereum in the world- around $9.6 billion in cryptocurrency and about 5% of all Ethereum. Some analysts are questioning if this is the right time to buy Ethereum since the coin is down 27% for the month and has been on a lengthy downward trend that has enveloped much of the cryptocurrency market. There is concern that the market has yet to hit bottom, especially its leading ... (full story)
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