Tom Lee: Bitcoin has repeatedly recovered from crashes, and the crypto market recovery has already begun.

BTC6,75%
ETH5,55%

PANews February 8 News, according to The Bitcoin Historian, Ethereum treasury company Bitmine Chairman Tom Lee recently stated on CNBC live broadcast that the recovery of Bitcoin and the entire cryptocurrency market has already begun. He said the crypto market has “weathered 6 declines of over 50%, but will recover as quickly as falling down.” Market data shows that Bitcoin has rebounded to approximately $71,306, with a 24-hour increase of 3.5%; Ethereum has rebounded to approximately $2,126, with a 24-hour increase of 4.6%.

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Bitcoin ETFs Record $290.89M Daily Inflow, Ethereum ETFs See $18.76M Outflow on March 4

Gate News bot message, according to March 4 data, Bitcoin ETFs registered a single-day net inflow of 4,046 BTC (equivalent to $290.89 million), with weekly net inflows reaching 20,816 BTC ($1.5 billion). Ethereum ETFs experienced a single-day net outflow of 9,049 ETH (equivalent to $18.76 million),

GateNews4m ago

BTC Breaks Through 72,000 USDT

Gate News bot message, Gate market display, BTC breaks through 72,000 USDT, current price 72,008 USDT.

CryptoRadar16m ago

Crack down on illegal black markets! The UK considers opening up the gaming market to accept cryptocurrency payments

Author: Fenrir, Crypto City From the regulatory gray area to the mainstream, the UK Gambling Commission explores the possibility of crypto asset payments The UK Gambling Commission (UKGC) recently signaled a major policy shift, planning to formally explore the integration of cryptocurrencies into compliant gambling markets. During the annual conference of the Betting and Gaming Council (BGC) in London, the commission’s Director of Research and Policy Implementation, Tim Miller, pointed out that digital assets are transitioning from the regulatory gray area to mainstream payment options. Image source: Lottery Daily | UK Gambling Commission (UKGC) Director of Research and Policy Implementation Tim Miller This move reflects the UK government’s commitment to establishing the country as a global “crypto hub,” and aims to connect one of the largest economic pillars domestically with modern consumer payment preferences. According to statistical data, currently

区块客30m ago

Data: 435.91 BTC transferred from an anonymous address, worth approximately 20.71 million USD

ChainCatcher message: According to Arkham data, at 21:39, 54.999894 BTC (worth approximately $3.92 million) was transferred from an anonymous address (starting with 168Bve...) to Cumberland DRW.

GateNews48m ago

DDC Enterprise Bitcoin reserves increase to 2,183 coins, continuing the BTC treasury strategy

DDC Enterprise Limited releases preliminary financial results for early 2025, with revenue expected to reach $39 million to $41 million. Adjusted EBITDA shows an improvement in profitability. Meanwhile, the company continues to increase its Bitcoin holdings, now holding 2,183 coins, with plans for long-term accumulation of this asset. The audit report will be released in mid-April.

GateNews51m ago

Ray Dalio Questions Bitcoin as Safe Haven While Gold Strengthens Its Global Reserve Role

Ray Dalio says central banks still prefer gold as a reserve asset while Bitcoin lacks strong institutional support globally. Ray Dalio warns Bitcoin moves like tech stocks which weakens its role as a safe haven during market stress. He highlighted privacy limits and future quantum

CryptoNewsLand57m ago
Comment
0/400
SiYuvip
· 02-08 15:54
Hold on tight, we're about to take off 🛫
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)