Analyst sets $95,000 ceiling for Bitcoin fair value amid declining network activity
Bitcoin (BTC) network activity has reached its lowest level in a year, bringing its fair value to between $48,000 and $95,000, according to CryptoQuant. As of press time, Bitcoin was trading at rou...
Source: CryptoSlate
Bitcoin (BTC) network activity has reached its lowest level in a year, bringing its fair value to between $48,000 and $95,000, according to CryptoQuant. As of press time, Bitcoin was trading at roughly $96,500, making the flagship crypto overvalued from a network activity perspective based on CryptoQuant’s valuation model. The Bitcoin Network Activity Index has […]