Bitcoin’s reported $172 billion market cap may be a point of pride for cryptocurrency enthusiasts everywhere, but how accurate is it as a measure of Bitcoin’s worth? Not much. In fact, new data from CoinMetrics suggests the true Bitcoin price amounts to far less than we’re led to believe. Bitcoin: ‘Market Cap’ Diverges Wildly From […]
The post What’s Bitcoin REALLY Worth? Much Less Than You Think appeared first on CCN Markets
source https://www.ccn.com/bitcoin-true-price-realized-cap/
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