CryptoQuant CEO: BTC hash rate increased 5 times in 4 years while BTC price only doubled
ChainCatcher news, CryptoQuant CEO Ki Young Ju stated that Bitcoin is a value container, and its intrinsic value is related to the size of the container. He pointed out that if you are a financial giant, you would first expand the size of the container before investing a large amount of money. Over the past 4 years, the size of the container (hashrate) has grown 5 times, while the price has only doubled, which is the true meaning of "hashrate is increasing."
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