Bitcoin’s ‘Deep Value’ Discount Faces Hawkish Fed Test: Bitwise
Bitcoin’s (BTC) valuation metrics continue to highlight a deep discount even as markets brace for a potentially hawkish Federal Reserve under new chair Kevin Warsh. Analysis from Bitwise Investments said BTC remains in a “deep value” zone after a valuation metric fell below 1.0, a level associated with long-term accumulation periods. However, investor participation remains...
What's Your Reaction?
Like
0
Dislike
0
Love
0
Funny
0
Angry
0
Sad
0
Wow
0
