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BitMine Chairman Tom Lee Discusses Crypto Market Volatility
BitMine Chairman Tom Lee discusses the recent selloff in crypto markets, attributing it to de-risking efforts in the US, South Korea, and Taiwan. Ethereum (ETH) fell 1.91% over seven days while Bitcoin (BTC) slipped 0.177%. Lee cites AI funding, safety concerns, and geopolitical factors such as the US-Iran war and midterm elections as contributing to the market volatility.