Bitcoin’s Market-Value-to-Realized-Value (MVRV) is indicating that the cryptocurrency may still have potential for further growth in the current cycle. Crypto analyst Chapo predicts a peak MVRV of around 3.2 in 2025, suggesting a bullish outlook for Bitcoin before reaching its cycle high. Currently, Bitcoin’s MVRV stands at 1.95 while trading at $84,416. Historical trends show ...
Bitcoin has recently dipped below the $100,000 mark, raising concerns for potential buyers. However, this may actually be a prime opportunity to invest before its value rises again. Despite a shaky short-term outlook, Bitcoin is still outperforming other cryptocurrencies, and its long-term prospects remain strong, with forecasts predicting prices as high as $1.5 million by ...
Ethereum (ETH) is struggling against Bitcoin (BTC), reaching a four-year low in the ETH/BTC trading pair at 0.031. While Bitcoin has surged by 158% this year, Ethereum has only seen modest growth of 35% and remains significantly below its all-time high. The decline is attributed to various factors, including competition from other platforms and a ...
