Tom Lee calls Ethereum’s 4% post-hack fall bullish
Tom Lee believes crypto's muted reaction to Binance's $6.3 billion hack is another sign that a bull market is underway. The BitMine chairman pointed to Ethereum's roughly 4% decline following the Oct. 29 theft, which was more than four times larger than the $1.5 billion stolen from Bybit in February 2025. Ethereum…
Read it in your languageMachine translation by Google of the publisher's page
Explained in this story
Cryptocurrency
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 CryptocurrencyBull market
A period in which prices in a financial market rise steadily and investor confidence is high.
Bull markets lift the value of savings and pensions invested in shares.
More about Bull marketMore in Ethereum
From the blog
Analyst Predicts Life-Changing XRP Price Surge in Next 8 to 16 Months
Cryptocurrency YouTuber Crypto Rover predicts major price surges for Bitcoin, Ethereum, Solana, and XRP over the next 8 to 16…
Elara Winter3 min read
Analyst Projects Bitcoin at $295,000, Ethereum at $11,000 and XRP at $8.95
Analyst Modern Investor projects significant price targets for top cryptocurrencies in a new cycle forecast, including Bitcoin at $295,000, Ethereum…
Elara Winter3 min readCoinDesk Reports XRP Lags Behind Bitcoin and Ethereum in Generating Wealth
A recent CoinDesk report highlights XRP's lagging price performance, showing it remains 62.5% below its 2018 peak while Bitcoin, Ethereum,…
Elara Winter2 min read