BMNR Stock Eyes a Fragile Week After ETH’s 9% Weekend Hit — What’s Next for Price?
BitMine (BMNR) stock closed last Friday with a 4.35% gain, pushing its last week’s rise to 27.78%. But that rally came before a sharp weekend correction in Ethereum. Since November 28, ETH has dropped over 9%, creating a setup where BMNR could face pressure this week.
The stock usually reacts to Ethereum’s weekend moves, and this link may shape how BMNR trades in the coming days.
BMNR has a history of reacting to ETH’s weekend direction.
A clear example came between September 19 and September 22, when ETH fell nearly 12% over the weekend. BMNR opened the next session with a gap-down of about 4.84%.
