While Bitcoin $82,803 maintains its momentum in the bull market, market intelligence firms analyze the dynamics behind this rise. CryptoQuant CEO Ki Young Ju pointed out that Bitcoin’s current price levels are progressing under bull market conditions. He stated that as long as prices do not fall below $75,000, the upward trend will continue, highlighting significant volume transactions occurring on Coinbase. Strengthening network security and on-chain data are among the fundamental factors supporting this rise.
Impact of Coinbase on Bitcoin’s Value Increase
Last weekend, Bitcoin experienced significant volatility, rising from $84,000 to $94,000. However, due to tariff effects and market imbalances, the price retreated back to around $83,000. Ki Young Ju noted that large-scale investors play a crucial role behind these fluctuations.
Ju emphasized that major investments made on the Coinbase platform have triggered Bitcoin&rsquo…

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