Bitmine Adds $74M in Ethereum, Declares Crypto Bull Market 'Underway'

Tom Lee's Bitmine has added $74M in Ethereum, declaring that a crypto bull market is 'underway.'

The announcement comes as a surprise to many in the industry, given the current bearish sentiment surrounding cryptocurrencies. However, according to Tom Lee, this move marks the beginning of a new era for cryptocurrency investors.

'We believe that a crypto bull market is underway,' said Lee. 'Our data indicates that we are seeing an increase in investment and adoption, which suggests that prices will rise.'