3 hours ago

Bitcoin Energy Value metric says 'fair' BTC price is up to $167K

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

Key points:

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

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

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Source: Cointelegraph →