Is Bitcoin Cheap Yet? Grayscale Research Says Onchain Metrics Point to Undervaluation at $60K Low

TLDR: Grayscale’s composite onchain indicator shows Bitcoin is undervalued but not as cheap as past cycle lows.  The CLARITY Act in the U.S. Senate is a key catalyst that could unlock fresh institutional Bitcoin inflows.  Leveraged BTC holders stabilizing their balance sheets is critical to preventing further price declines. Grayscale recommends dollar-cost averaging for long-term [...]

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