4 hours ago

Bitcoin Energy Value metric says 'fair' BTC price is as much as $167K

Bitcoin is 31% undervalued vs its energy-based “fair” price, analysis calculates, as hash rate beats records.

Key points:

Bitcoin is heavily undervalued vs its “fair” price based on miner output.

The Energy Value metric calculates that BTC should be trading at almost $170,000.

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Source: Cointelegraph →