BREAKING
68d 22h ago

Bitcoin (BTC) and Ethereum (ETH) See More Attractive Risk-Return Profiles Despite Falling Crypto Prices, Says BitMine CEO Tom Lee

BTC

BTC/USDT

$71,354.77
+3.55%
24h Volume

$17,366,629,629.18

24h H/L

$71,554.95 / $68,531.50

Change: $3,023.45 (4.41%)

Long/Short
65.5%
Long: 65.5%Short: 34.5%
Funding Rate

-0.0023%

Shorts pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$71,351.87

2.98%

Volume (24h): -

Resistance Levels
Resistance 3$79,008.03
Resistance 2$75,548.63
Resistance 1$72,179.52
Price$71,351.87
Support 1$70,589.27
Support 2$67,300.00
Support 3$62,909.86
Pivot (PP):$70,598.27
Trend:Downtrend
RSI (14):35.3

COINOTAG News reported on December 2 that BitMine chairman and CEO Tom Lee posted comments on fundamental crypto metrics. He notes that metrics such as wallet counts, on-chain activity, network fees, and progress in tokenization have continued to improve, yet broad crypto asset prices have trended lower. Lee argues this dislocation has sharpened the risk-return math for BTC (Bitcoin) and ETH (Ethereum), suggesting the downside may be increasingly priced in even as on-chain indicators strengthen.

Investors eye this dynamic as a sign that macro and crypto activity may diverge in the near term; a steadier fundamental backdrop could underpin a re-rating of top assets once the price path aligns with improving metrics. The remarks underscore the evolving link between on-chain activity and market pricing, with Bitcoin and ETH remaining focal points for risk-adjusted positioning.

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