BitMine Estimates Ethereum’s Implied Value at $60,000 Amid Latest Market Rally

In their latest presentation, BitMine Immersion Technologies suggested an implied value of $60,000 for Ethereum (ETH), citing consultations with unnamed research firms. The valuation comes amid ETH’s notable bullish rally. The price has surged 57% over the past month, even outpacing Bitcoin’s (BTC) 10% monthly gains. BitMine’s $60,000 Ethereum Valuation On Monday, BitMine, the largest public holder of ETH, launched ‘The Chairman’s Message source: https://beincrypto.com/bitmine-estimates-ethereums-implied-value-60000/