CryptoQuant CEO calls rising Bitcoin hashrate ‘indirect bullish signal’ from institutions

Crypto Insight Summary: Public miners backed by major TradFi players are coming back online, boosting Bitcoin’s hashrate, a positive sign for BTC’s fundamentals, according to CryptoQuant’s Ki Young Ju. Crypto Insight Analysis: Direction: Bullish BTC Impact: Minor Impact Horizon: Mid-term (1-8 weeks) Reasoning: Institutional-backed miners returning signals growing confidence in BTC fundamentals.