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Liquidity Evaporates as BTC Hovers Near $88K; BitMine Stakes $1B ETH
Yahoo Finance· 2025-12-31 06:54
Crypto markets have entered a deep freeze. Bitcoin rose slightly by 1.12% to $88,224 on Tuesday, while Ethereum was hovering at $2,967. Trading volumes across major altcoins have hit their lowest levels of 2025. Institutional metrics, however, contradict the price action. BitMine’s $1B ETH Stake: A Bullish Indicator Amidst Market Chill BitMine Immersion Technologies staked 342,560 ETH (valued at ~$1B) over the weekend. On-chain data confirms that the move pushed the Ethereum validator entry queue to nea ...