CryptoQuant CEO believes bitcoin miners can trigger bull market

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CryptoQuant CEO Ki Young Ju believes the bitcoin (BTC) miners could trigger a bullish movement, but it will require some investments from top TradFi and tech companies in the United States. This optimistic belief comes while the average BTC mining difficulty reached an all-time high (ATH) of 37.59 trillion on Jan. 16 and has been consolidating until today, according to data provided by Ycharts. Moreover, Ju believes that one of the important points for the new mining difficulty ATH is that the top US miners have been processing with all of their energy to “repay the financing debt owed on

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Author: NixCoin

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