Today news
About the same in other media
Bitcoin on-chain metric suggests 2017-style bull run will continue
Reading now: 210
Bitcoin's (BTC) pullback from its record high of $67,000 to below $60,000 has not deterred bulls from eyeing another peak level ahead, per an indicator that attempts to predict market bottoms and tops.
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.
An MVRV reading above
Read more on cointelegraph.comAbout this in other media
Impact of China’s Ban Minimal Again, Crypto Can’t Be Killed cryptonews.com /2 years ago
China calls crypto mining ‘extremely harmful,’ but not for this reason ambcrypto.com /2 years ago
China warns state-owned enterprises to cease involvement in Bitcoin mining cointelegraph.com /2 years ago
Show more
The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
