Tag Archives: Undervalued

Bitcoin ‘Undervalued’ Until It Hits $7 Trillion Market Cap

If you think you’ve already missed bitcoin’s biggest price gains, think again. The Winklevoss Twins think bitcoin has plenty of room to run and is wildly undervalued at anything less than a $7 trillion market capitalization. For perspective, bitcoin’s current market cap is $229 billion. Continue reading Bitcoin ‘Undervalued’ Until It Hits $7 Trillion Market Cap

Undervalued Bitcoin Will Be a ‘Multi-Trillion Dollar Asset Class,’ Says Analyst

Bitcoin’s gains may not be parabolic, but the price is moving steadily higher. With BTC currently hovering at the $5,300 level, the mood around crypto has improved tremendously. Nonetheless, the bitcoin price continues to trade 75% below its peak. Continue reading Undervalued Bitcoin Will Be a ‘Multi-Trillion Dollar Asset Class,’ Says Analyst

Bitcoin is Undervalued, Individuals Building on it Will Lead to Recovery

Over the last 48 hours, following a large loss on Christmas, the Bitcoin price has recovered back to around $4,000. The dominant cryptocurrency, which still holds a market valuation of over $64 billion, has demonstrated wild volatility in a wide price range from $3,100 to $4,300 throughout December, struggling to recover to November levels. Continue reading Bitcoin is Undervalued, Individuals Building on it Will Lead to Recovery