Bitcoin's cost basis metric signals 'macro bullishness'

Bitcoin’s cost basis metric signals ‘macro bullishness’

The world’s largest cryptocurrency by market cap as well as price, Bitcoin was found to be undervalued. Over the last couple of months, Bitcoin underwent impressive rallies accompanied by some severe downside market corrections. From its March 12 low of $3,800, the coin has surged by over 145%. Despite its growth, according to an on-chain …

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