Key Insights:
BitMine (BMNR) stock price dropped 10% today and 37% this month after Ethereum fell below $3,000.
The stock now watches the $23.32 support, which sits about 25% below current levels.
One RSI signal hints that selling pressure may slow, but weak money flow keeps the risk high.
BitMine (BMNR) stock has fallen again as Ethereum dropped under $3,000 for a short time. The stock is down about 10% today and has fallen 37% in the last month. This fall has also increased BitMine’s paper loss because the company holds a large amount of ETH.
Now the question is simple: can the stock find support soon, or will it drop another 25% toward the next major level?
Ethereum’s Drop Has Increased BitMine Paper Loss
BitMine (BMNR) holds about 3.55 million ETH. This is a very large amount. Its average cost for the ETH is around $4,017.
But Ethereum now trades near $3,120 after falling 3.8% in the last 24 hours and 15.8% in the past week. ETH price even dipped below $3,000 for
We współpracy z: https://www.thecoinrepublic.com/2025/11/18/bitmine-stock-drops-again-as-ethereum-loses-key-3000-level/
