Markets· ★★★· bullish·

BitMine adds 17K ETH as altcoin rotation gains momentum

  • —BitMine added 17,000 ETH to its holdings
  • —Strategy bought 1,665 BTC; Strive purchased $94.5M in Bitcoin
  • —ETH is set to close Q3 with over 70% ROI versus BTC's 43%
  • —Bitcoin ETFs drew over $6B in Q3 net inflows, more than double Ethereum's
Why it matters: A clean break above 0.03 in ETH/BTC would confirm the altcoin rotation and set ETH up to outperform Bitcoin in Q4 for the first time since 2021.
#ETH#BTC
Source: AMBCrypto
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