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TagsWhat is the current MVRV ratio for Bitcoin?
Burks ClappDec 18, 2021 · 3 years ago1 answersCan you provide me with the latest MVRV ratio for Bitcoin? I'm interested in understanding the current market value to realized value ratio for Bitcoin. Could you please explain what MVRV ratio is and how it is calculated?
1 answers
- The current MVRV ratio for Bitcoin is 1.2. The MVRV ratio is a metric used to assess the market value of Bitcoin relative to its realized value. It is calculated by dividing the market cap of Bitcoin by the realized cap. The market cap is the current price of Bitcoin multiplied by the total supply, while the realized cap is the value of Bitcoin at the time it was last moved. A ratio above 1 indicates that Bitcoin may be overvalued, while a ratio below 1 suggests it may be undervalued. The MVRV ratio provides insights into the market sentiment and potential investment opportunities. Please note that this information is based on the latest available data and may change over time.Dec 18, 2021 · 3 years ago
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