What’s Dragging Ethereum Down? BitMine’s Tom Lee Has an Answer

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May 18, 2026 · 4:25 AM

What’s Dragging Ethereum Down? BitMine’s Tom Lee Has an Answer

Ethereum (ETH) has erased all its May gains, dropping nearly 10% in the past week.  The second-largest cryptocurrency hit an intraday low of $2,097 on Binance on Sunday, its lowest level since April 7. At press time, the asset traded at $2,116.82, down 2.88% over the past day. Follow us on X to get the The post What’s Dragging Ethereum Down? BitMine’s Tom Lee Has an Answer appeared first on BeInCrypto.

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What’s Dragging Ethereum Down? BitMine’s Tom Lee Has an Answer | cryptobinto