Scan to download
BTC $75,770.53 -1.99%
ETH $2,361.05 -2.82%
BNB $633.47 -1.12%
XRP $1.43 -2.88%
SOL $86.69 -3.19%
TRX $0.3299 +1.06%
DOGE $0.0954 -4.84%
ADA $0.2494 -5.11%
BCH $445.93 -2.00%
LINK $9.36 -3.45%
HYPE $44.23 -0.03%
AAVE $111.80 -4.83%
SUI $0.9611 -5.19%
XLM $0.1691 -2.66%
ZEC $324.95 -2.04%
BTC $75,770.53 -1.99%
ETH $2,361.05 -2.82%
BNB $633.47 -1.12%
XRP $1.43 -2.88%
SOL $86.69 -3.19%
TRX $0.3299 +1.06%
DOGE $0.0954 -4.84%
ADA $0.2494 -5.11%
BCH $445.93 -2.00%
LINK $9.36 -3.45%
HYPE $44.23 -0.03%
AAVE $111.80 -4.83%
SUI $0.9611 -5.19%
XLM $0.1691 -2.66%
ZEC $324.95 -2.04%

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
Collection

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."

app_icon
ChainCatcher Building the Web3 world with innovations.