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ETH $1,878.03 -4.76%
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BCH $539.79 -5.99%
LINK $8.64 -2.97%
HYPE $28.98 -1.81%
AAVE $122.61 -3.42%
SUI $0.9138 -6.63%
XLM $0.1605 -4.62%
ZEC $260.31 -8.86%

CryptoQuant CEO: BTC hash rate increased 5 times in 4 years while BTC price only doubled

2025-02-07 14:21:18
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ChainCatcher news, CryptoQuant CEO Ki Young Ju stated that Bitcoin is a value container, and its intrinsic value is related to the size of the container. He pointed out that if you are a financial giant, you would first expand the size of the container before investing a large amount of money. Over the past 4 years, the size of the container (hashrate) has grown 5 times, while the price has only doubled, which is the true meaning of "hashrate is increasing."

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