Bitcoin possibly undervalued as Mayer Multiple hits lowest level since FTX collapse
The popular Bitcoin valuation metric hasn’t been at this level since November 2022, when cryptocurrency exchange FTX went down.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
The popular Bitcoin valuation metric hasn’t been at this level since November 2022, when cryptocurrency exchange FTX went down.
Why this matters
This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
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