Bitcoin on-chain metric suggests 2017-style bull run will continue

by Aurelia Butler 5 November 2021, 11:40 179 Views

Dubbed MVRV, the risk metric represents the ratio of Bitcoin’s market value to its realized value — similar to the price to book (P/B) ratio that compares a company’s market value to its book value. In doing so, MVRV attempts to identify whether an asset is under or overvalued.

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Source: Cryptocurrency - investing.com

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Bitcoin on-chain metric suggests 2017-style bull run will continue

Billionaires like Peter Thiel may be spared big IRA tax bill in latest Build Back Better plan

Peloton shares collapse as momentum for its at-home fitness equipment slows

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