BREAKING
66d 6h ago

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

BTC

BTC/USDT

$71,336.87
-6.79%
24h Volume

$44,848,329,419.30

24h H/L

$76,617.73 / $70,140.00

Change: $6,477.73 (9.24%)

Long/Short
77.9%
Long: 77.9%Short: 22.1%
Funding Rate

+0.0019%

Longs pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$70,942.95

-3.04%

Volume (24h): -

Resistance Levels
Resistance 3$76,971.52
Resistance 2$74,594.61
Resistance 1$71,474.71
Price$70,942.95
Support 1$70,140.00
Support 2$66,407.06
Support 3$58,306.99
Pivot (PP):$71,474.71
Trend:Downtrend
RSI (14):20.9

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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