CryptoQuant CEO: BTC computing power has increased fivefold in four years, while the BTC price has only doubled
News on February 7th, CryptoQuant CEO Ki Young Ju stated that Bitcoin is a value container, its fundamental value is related to the size of the container. He pointed out that if you are a financial giant, you would expand the scale of the container before investing a large amount of money. In the past 4 years, the scale of the container (computing power) has increased by 5 times, while the price has only doubled. This is what "increasing computing power" truly means.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Kentucky State Representative proposes Bitcoin reserve-related bill
Aave Founder: Aave is about to launch on Linea
6 Hong Kong virtual asset ETFs today had a turnover of 16.0777 million Hong Kong dollars
Trending news
MoreCrypto prices
More![Bitcoin](https://img.bgstatic.com/multiLang/coinPriceLogo/bitcoin.png)
![Ethereum](https://img.bgstatic.com/multiLang/coinPriceLogo/ethereum.png)
![Tether USDt](https://img.bgstatic.com/multiLang/coinPriceLogo/0208496be4e524857e33ae425e12d4751710262904978.png)
![XRP](https://img.bgstatic.com/multiLang/coinPriceLogo/ripple.png)
![Solana](https://img.bgstatic.com/multiLang/coinPriceLogo/solana.png)
![BNB](https://img.bgstatic.com/multiLang/coinPriceLogo/binance.png)
![USDC](https://img.bgstatic.com/multiLang/coinPriceLogo/usdc.png)
![Dogecoin](https://img.bgstatic.com/multiLang/coinPriceLogo/dogecoin.png)
![Cardano](https://img.bgstatic.com/multiLang/coinPriceLogo/cardano.png)
![TRON](https://img.bgstatic.com/multiLang/coinPriceLogo/tron.png)