Ethereum Price Forecast: Tom Lee Outlines 4 Bullish Cases for ETH Despite $2,100 Support Breakdown
By Muthoni Mary
Ethereum (ETH) price has dropped below $2,100 amid rising outflows from ETH ETFs, a bearish sentiment in the crypto market and rising liquidations. But amid the bearish conditions, Bitmine’s Tom Lee has outlined several reasons why the Ethereum case remains bullish. On-chain data seemingly supports Lee’s bullish…
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Exchange-traded fund
An investment fund that holds a basket of assets, such as the shares in an index, and trades on a stock exchange like a single share.
ETFs offer low-cost, diversified investing and are a fast-growing way people save.
More about Exchange-traded fundCryptocurrency
A digital currency secured by cryptography and recorded on a blockchain, without a central bank issuing it.
Crypto prices are volatile, and governments are still deciding how to regulate it.
More about CryptocurrencyMore in Ethereum
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