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DOGE $0.0697 +0.07%
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BCH $203.75 +0.76%
LINK $9.57 +7.00%
HYPE $56.94 +2.39%
AAVE $86.50 +0.19%
SUI $0.6798 +0.36%
XLM $0.1583 -0.50%
ZEC $488.37 +0.14%

CryptoQuant CEO: Bitcoin is currently driven by the futures market, and the sustainability of the rise still requires support from spot demand

2026-08-12 12:08:43

CryptoQuant CEO Ki Young Ju stated that the current trend of Bitcoin is mainly driven by the futures market. He pointed out that although open interest continues to rise, on-chain spot demand remains in a state of net negative growth.

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