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Bitcoin possibly undervalued as Mayer Multiple hits lowest since FTX collapse

August 8, 2024 by DIGIT
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The popular Bitcoin valuation metric hasn’t been at this level since the downfall of cryptocurrency exchange FTX in November 2022.

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Categories Bitbo, Bitcoin Mayer Multiple, Glassnode, Mags, Markus Thielen, Trace Mayer
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  • bitcoinBitcoin(BTC)$91,333.00-1.17%
  • ethereumEthereum(ETH)$3,150.79-0.61%
  • tetherTether(USDT)$1.000.00%
  • rippleXRP(XRP)$2.09-1.92%
  • binancecoinBNB(BNB)$897.99-0.97%
  • usd-coinUSDC(USDC)$1.00-0.01%
  • solanaSolana(SOL)$136.11-4.56%
  • tronTRON(TRX)$0.2856291.35%
  • staked-etherLido Staked Ether(STETH)$3,133.71-0.67%
  • dogecoinDogecoin(DOGE)$0.143794-3.52%
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  • bitcoinBitcoin(BTC)$91,333.00-1.17%
  • ethereumEthereum(ETH)$3,150.79-0.61%
  • tetherTether(USDT)$1.000.00%
  • rippleXRP(XRP)$2.09-1.92%
  • binancecoinBNB(BNB)$897.99-0.97%
  • usd-coinUSDC(USDC)$1.00-0.01%
  • solanaSolana(SOL)$136.11-4.56%
  • tronTRON(TRX)$0.2856291.35%
  • staked-etherLido Staked Ether(STETH)$3,133.71-0.67%
  • dogecoinDogecoin(DOGE)$0.143794-3.52%