Potential impact of Korean tech stock sell-off on the Ethereum market
BMNR BitMine Immersion Technologies Inc
$22.82 +5.80%
View chart & analysis → - 1Tom Lee, Chairman of Bitmine Immersion Technologies, warned of a potential sell-off in Ethereum.
- 2Ethereum is trading at $2,450, down 50% from its August 2025 peak.
- 3Chairman Tom Lee predicted short-term pain for Ethereum rather than a market-wide collapse.
So what's the key point?
Ethereum prices have fallen to $2,450, which is half of its previous peak. Chairman Tom Lee said the market will likely face a difficult period rather than a total collapse.
Source The Motley Fool +1 · View original ↗
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