Summary
- Julio Moreno, Chief Analyst at CryptoQuant, stated that this virtual asset cycle will be led by companies, startups, and funds.
- He mentioned that small companies and startups might participate in the market by mimicking existing strategies.
- On the 27th, BTC is trading at a price up 1.89% from the previous day on the Binance USDT market.
Julio Moreno, Chief Analyst at CryptoQuant, stated on the 26th (local time) via X (formerly Twitter) that "In this cycle, the boom will occur not among individual investors but among small companies, startups, and funds trying to mimic strategies." He added, "Are they prepared not to sell even if their company stocks or funds plummet by 90% like strategies?"
Meanwhile, BTC is trading at $109,287.64, up 1.89% from the previous day, based on the Binance Tether (USDT) market as of 02:32 on the 27th.
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
