Tom Lee: End-of-quarter portfolio rebalancing causes weakness in the crypto market, Bitmine increases holdings by $43 million in ETH

AiCoin2026/06/29 12:56

Show original

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!

A welcome pack worth 6200 USDT for new users! Sign up now!

Tom Lee attributed the recent weakness in the crypto market to end-of-quarter portfolio adjustments. Bitmine purchased $43 million worth of ETH, marking Bitmine’s smallest-scale purchase since early May. Tom Lee noted that investors are cutting losses before the start of the second half of the year.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.

Trade now！

In an email, NVIDIA's new Chairman of the Board Harvey Jones stated that the board takes its duty as guardian of this great company very seriously. The company's strength comes from our employees, leadership team, technological capabilities, and partner ecosystem. We will continue to drive business growth and lead the industry forward. Thank you all for your focus, professionalism, and dedication to NVIDIA.

华尔街见闻•2026/11/12 19:11