BTC $64,318.91 +2.36%
ETH $1,907.46 +1.73%
BNB $604.71 +0.53%
XRP $1.00 +1.01%
SOL $75.93 +1.82%
TRX $0.3309 -0.02%
DOGE $0.0702 +0.90%
ADA $0.1744 -0.66%
BCH $204.63 +0.40%
LINK $9.47 +0.88%
HYPE $59.61 +4.04%
AAVE $89.14 +3.83%
SUI $0.6751 +0.90%
XLM $0.1575 +0.91%
ZEC $515.29 +6.14%
BTC $64,318.91 +2.36%
ETH $1,907.46 +1.73%
BNB $604.71 +0.53%
XRP $1.00 +1.01%
SOL $75.93 +1.82%
TRX $0.3309 -0.02%
DOGE $0.0702 +0.90%
ADA $0.1744 -0.66%
BCH $204.63 +0.40%
LINK $9.47 +0.88%
HYPE $59.61 +4.04%
AAVE $89.14 +3.83%
SUI $0.6751 +0.90%
XLM $0.1575 +0.91%
ZEC $515.29 +6.14%

CryptoQuant CEO: If BTC breaks through $100,000, it will enter the price discovery phase, and profits may further increase

2024-12-03 08:19:46

ChainCatcher news, CryptoQuant CEO Ki Young Ju posted on X: "In the past 30 days, MicroStrategy (MSTR) spent $13.5 billion to buy 149,900 BTC, and the value of their holdings has increased by $21.5 billion.

The Bitcoin market cannot absorb tens of billions of dollars in the short term without driving up prices, so returns are almost inevitable. If BTC breaks through $100,000, then as it enters the price discovery phase, gains could further increase."

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