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ETH $1,870.18 -0.83%
BNB $607.08 -0.65%
XRP $1.00 -0.88%
SOL $75.39 -0.71%
TRX $0.3333 -0.50%
DOGE $0.0694 -1.41%
ADA $0.1816 -1.97%
BCH $204.79 -4.69%
LINK $8.77 +0.90%
HYPE $56.44 -1.01%
AAVE $86.76 -2.45%
SUI $0.6768 -1.65%
XLM $0.1583 -1.36%
ZEC $486.34 -1.84%

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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