Tom Lee Sees a Bull Market in the Binance Hack. Stablecoin Data Disagrees
BitMine Chairman Tom Lee says crypto’s muted response to the $6.3 billion Binance hack signals a bull market. However, stablecoin and sentiment data show money and confidence still leaving the market. Ethereum (ETH) traded at $2,254.11 at press time, down 1.71% over the past 24 hours, per BeInCrypto Markets. Against Bitcoin (BTC), ETH has held The post Tom Lee Sees a Bull Market in the Binance Hack. Stablecoin Data Disagrees appeared first on BeInCrypto.
Key Takeaways
- BitMine Chairman Tom Lee says crypto’s muted response to the $6.3 billion Binance hack signals a bull market.
- However, stablecoin and sentiment data show money and confidence still leaving the market.
- Ethereum (ETH) traded at $2,254.11 at press time, down 1.71% over the past 24 hours, per BeInCrypto Markets.
Summary generated by IndiCrypto from BeInCrypto. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
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