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

May 18, 2026 - 06:15
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...

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