In a climate of ongoing unpredictability in cryptocurrency markets, new research from Bitwise proposes that Bitcoin‘s price is significantly undervalued compared to expected institutional demand. The study, led by Bitwise’s Head of Research, André Dragosch, reveals that Bitcoin’s value might be around 40% below its “fair value” based on global inflows into exchange-traded products (ETPs). […]
Continue Reading:A New Perspective on Bitcoin Pricing and Institutional Demand
Source: https://en.bitcoinhaber.net/a-new-perspective-on-bitcoin-pricing-and-institutional-demand
