Bitcoin is trading at a 30% discount relative to Nasdaq fair value

Bitcoin is currently trading at a roughly 30% discount compared to its Nasdaq 100-implied fair value. While any high-conviction Bitcoiner already knows how cheap the asset is right now, this ratio ...

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Bitcoin is trading at a 30% discount relative to Nasdaq fair value

Source: CryptoSlate

Bitcoin is currently trading at a roughly 30% discount compared to its Nasdaq 100-implied fair value. While any high-conviction Bitcoiner already knows how cheap the asset is right now, this ratio highlights the knock-down BTC price in proportion. And it’s a divergence that has historically implied a deep undervaluation. According to data from ecoinometrics, based […]