🎉🎉🎉#BTC #ETH 🔥🔥🔥🔥🔥🔥
#Hawk Institutions optimistic about the crypto market.💰💰💰🎉🎉🧧🧧🧧
Bitmine Chairman Tom Lee stated that Wall Street is accelerating its layout in the crypto market, with institutions continuously buying Bitcoin (BTC) and Ethereum (ETH). This indicates that the crypto market has gained attention and recognition from traditional financial institutions, which may bring more funds and development opportunities.
- Ethereum favored: Ethereum has become the preferred network for institutions due to its technological stability and legal clarity. JPMorgan's stablecoin and Robinhood's tokenization business have both chosen Ethereum as their underlying blockchain, and over 60% of tokenized real-world assets have been built on its network.
- Price predictions optimistic: Tom Lee predicts that if the Federal Reserve lowers interest rates in the coming months, Bitcoin will hit $250,000, and the target price for Ethereum is $15,000. This could mean significant profit potential for investors holding Bitcoin and Ethereum.
- Bitmine continues to purchase ETH: Bitmine currently holds 625,000 ETH, with an asset scale of nearly $2.8 billion, and aims to accumulate 5% of the ETH supply. This shows the company's long-term optimism towards Ethereum, which may also positively impact Ethereum's price.🧧🧧🧧🎁🎁🎁💰💰💰👇👇👇