Ethereum has had a spectacular year, so why is the price still down 40% from its August all-time high of $4,950? Tom Lee, chairman of digital asset treasury firm Bitmine, blames the holiday slump. “Market activity tends to slow as we enter the final holiday weeks of a calendar year,” Lee said. “Year-end tax-loss related selling is pushing down crypto and crypto equity prices and this effect tends to be the greatest from 12/26 to 12/30, so we are navigating markets with this in mind,” he said. Still, E ...