BREAKING
388d 6h ago

CryptoQuant CEO Urges Focus on Bitcoin Amid Concerns Over U.S. Crypto Asset Reserve Plan

BTC

BTC/USDT

$71,354.77
+3.55%
24h Volume

$17,366,629,629.18

24h H/L

$71,554.95 / $68,531.50

Change: $3,023.45 (4.41%)

Long/Short
65.5%
Long: 65.5%Short: 34.5%
Funding Rate

-0.0023%

Shorts pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$71,351.87

2.98%

Volume (24h): -

Resistance Levels
Resistance 3$79,008.03
Resistance 2$75,548.63
Resistance 1$72,179.52
Price$71,351.87
Support 1$70,589.27
Support 2$67,300.00
Support 3$62,909.86
Pivot (PP):$70,598.27
Trend:Downtrend
RSI (14):35.3

In a recent update shared on X, CryptoQuant CEO Ki Young Ju articulated his views on the evolving landscape of digital currencies. Ju emphasized that, while he does not align himself strictly with the notion of Bitcoin maximalism, he perceives the breadth of the U.S. strategic crypto asset reserve plan as excessively extensive. He advocates for a more focused approach, recommending that the U.S. should consider retaining only Bitcoin within its reserve strategy. This perspective sheds light on the ongoing discourse surrounding the government’s role in cryptocurrency regulation and the potential implications for market stability. The conversation around asset reserves is pivotal, especially as traditional financial institutions increasingly explore the integration of digital assets into their portfolios. As the crypto landscape becomes more complex, insights from industry leaders like Ju will continue to shape investor sentiment and policy development.

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