The post Bitmine’s Tom Lee Explains Why Gold Is Rising While Crypto Lags appeared first on Coinpedia Fintech News
Speaking on CNBC, BitMine CEO Tom Lee explained why gold prices have risen strongly while Bitcoin has struggled. He said metals are moving higher due to a weak U.S. dollar and strong global demand. At the same time, the crypto market remains under pressure and has not been able to keep up with gold’s rally. …