Ethereum
Ethereum eyes $2k amid BitMine’s $6.3 billion loss
CoinJournal·November 12, 2026·1 min read
Ethereum is down 1.7% on Thursday, approaching the $2,000 psychological level. Ethereum treasury company BitMine Immersion Technologies reported a $6.3 billion annual net loss, driven by $6.23 billion in unrealized losses on its digital asset holdings. ETH faces immediate resistance at $2,101 and $2,204.
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