💥 Ether-Linked Stocks Soar as ETH Hits 6-Month High! 🚀
Crypto markets are buzzing again! Here's what’s happening: 👇
📈 Ethereum (ETH) surged to $3,675, its highest since January, now holding steady around $3,601 (+5%), outperforming Bitcoin, which dipped slightly.
🏢 Ether-related stocks exploded:
BitMine Immersion 🔥 +14% (holding $1B in ETH)
BTCS Inc 📊 +12.5%
Bit Digital 📈 +4%
💼 Institutional interest grows:
BitMine, backed by Peter Thiel & Fundstrat's Tom Lee, now owns 300,657 ETH in just 3 weeks – aiming for 5% of ETH's total supply!
🪙 Stablecoins fueling the fire:
ETH demand is rising as stablecoins, mostly built on Ethereum, expand rapidly. The Circle IPO added momentum 💵
🏛️ Big win for regulation:
The US House just passed a stablecoin regulation bill — a major milestone for crypto adoption.
📊 Meanwhile, ETFs are heating up too:
ETH ETF 📈 +36% this month
Bitcoin ETF 🟢 +10%
🧠 "Ethereum is the biggest winner from stablecoin growth," says Astronaut Capital’s CIO.
