BULLISH 25 Cointelegraph 1H ago · 1 min read

CryptoQuant CEO: rising Bitcoin hashrate is indirect bullish signal from institutions

AI summary

CryptoQuant CEO Ki Young Ju described the rising Bitcoin hashrate as an 'indirect bullish signal' from institutions. He said publicly listed miners backed by major traditional finance players are coming back online, strengthening BTC's network fundamentals. Traders may read the hashrate recovery as evidence of institutional capital returning to Bitcoin mining, though the claim is an analyst opinion rather than a confirmed flow.

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