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Chairman of Bitmine: Wall Street is quietly buying cryptocurrencies, and the market will definitely rebound "

According to online reports, Tom Lee, co-founder of Fundstrat and chairman of Ethereum treasury firm Bitmine Immersion (BMNR), said that the cryptocurrency market may rebound, and some investors do not believe that this rebound is real, and this is precisely the reason why the cryptocurrency market may go higher, because "investors have underestimated every recovery since 2020." This time is no exception." Tom Lee added that the traditional financial industry, led by Wall Street, is steadily and quietly increasing investment in cryptocurrencies. ETH is benefiting from Wall Street's promotion of tokenization. Ethereum has never had a outage, which is crucial for banks. According to fundamental estimates, ETH should be US$15,000 (the current price is US$3,700). He believes that the real problem lies in the underestimation of ETH by institutional investors, which is only in the mid-term stage.

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