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Tom Lee: BitMine Stock Correlates 80% with ETH, ETH to Outperform BTC This Cycle

Tom Lee, co-founder of Fundstrat, stated that BitMine stocks have an 80% correlation with Ethereum, and he expects ETH to outperform BTC in this cycle. He also noted that the approval of a spot Ethereum ETF could be a significant catalyst for ETH’s price.

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