Friday, August 1, 2025
No Result
View All Result
Coin Digest Daily
  • Home
  • Bitcoin
  • Crypto Updates
    • General
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • Blockchain
  • NFT
  • Metaverse
  • Web3
  • DeFi
  • Analysis
  • Scam Alert
  • Regulations
Marketcap
  • Home
  • Bitcoin
  • Crypto Updates
    • General
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • Blockchain
  • NFT
  • Metaverse
  • Web3
  • DeFi
  • Analysis
  • Scam Alert
  • Regulations
No Result
View All Result
Coin Digest Daily
No Result
View All Result

BTC Currently Valued at Fair Market Price, Bitcoin Magazine Pro Data Shows

27 August 2024
in Bitcoin
Reading Time: 2 mins read
0 0
A A
0
Home Bitcoin
Share on FacebookShare on Twitter


On the time of writing, Bitcoin is presently valued at $63,500, deemed a good market value in accordance with the Bitcoin Cycle Grasp chart and knowledge from Bitcoin Journal Professional. The Bitcoin Cycle Grasp chart integrates on-chain metrics, together with Coin Worth Days Destroyed and Terminal Value, to evaluate Bitcoin’s place inside its financial cycles. Traditionally, these cycles happen roughly each 4 years, aligning with Bitcoin halving occasions.

The Bitcoin Cycle Grasp instrument analyzes precise financial conduct on the Bitcoin blockchain to find out whether or not Bitcoin is undervalued, pretty valued, aggressively valued, or overvalued. Presently, the information signifies that Bitcoin is at a good market worth, suggesting a balanced state between demand and provide inside the present cycle.

This instrument not solely identifies intervals of elevated danger, the place transaction behaviors trace at main cycle highs, but additionally highlights worth alternatives throughout cycle lows. By monitoring on-chain transaction patterns, the Bitcoin Cycle Grasp offers insights into potential future value actions, doubtlessly serving to traders make extra knowledgeable choices.

Establishments, analysts, and Bitcoin lovers are optimistic a couple of value improve later within the 12 months, drawing on historic traits the place Bitcoin’s worth tends to rise many months following a halving occasion. This sentiment has been additional bolstered by latest predictions from outstanding figures within the monetary sector. Earlier this month, Jan van Eck, CEO of ETF & Mutual Fund Supervisor VanEck, forecasted that Bitcoin may soar to $350,000, reflecting robust confidence in Bitcoin’s long-term progress prospects.

JUST IN: VanEck CEO says #Bitcoin will likely be half the full market cap of gold, hitting $350,000 🚀 pic.twitter.com/KGRi0DGvfJ

— Bitcoin Journal (@BitcoinMagazine) August 1, 2024

For extra detailed data, insights, and to enroll to entry Bitcoin Journal Professional’s knowledge and analytics, go to the official web site right here.





Source link

Tags: BitcoinBTCDatafairMagazineMarketPriceProShowsValued
Previous Post

Crypto Pundit Predicts Ethereum Price Rise To $3,000, But A Crash Could Happen First

Next Post

It’s Time to Build a Sustainable Blockchain Ecosystem

Related Posts

A Ticking Time Bomb? US Senator Compares GENIUS Act to 2008 Financial Crisis
Bitcoin

A Ticking Time Bomb? US Senator Compares GENIUS Act to 2008 Financial Crisis

1 August 2025
Bitcoin’s Next Big Surge? On-Chain Metrics Suggest a Price Shift Is Near
Bitcoin

Bitcoin’s Next Big Surge? On-Chain Metrics Suggest a Price Shift Is Near

1 August 2025
JPMorgan Chase Partners With Coinbase to Bring Crypto to Millions
Bitcoin

JPMorgan Chase Partners With Coinbase to Bring Crypto to Millions

1 August 2025
JPMorgan Chase Partners With Coinbase to Bring Crypto to Millions
Bitcoin

JPMorgan Chase Partners With Coinbase to Bring Crypto to Millions

1 August 2025
US Digital Asset Policy: Key Recommendations From the Working Group – Legal Bitcoin News
Bitcoin

US Digital Asset Policy: Key Recommendations From the Working Group – Legal Bitcoin News

31 July 2025
Spot Solana ETF Race: 21Shares Updates Application After US SEC Requests Amendments | Bitcoinist.com
Bitcoin

Spot Solana ETF Race: 21Shares Updates Application After US SEC Requests Amendments | Bitcoinist.com

31 July 2025
Next Post
It’s Time to Build a Sustainable Blockchain Ecosystem

It’s Time to Build a Sustainable Blockchain Ecosystem

Ethereum (ETH) Eyes $3,000: Data Suggests Imminent Breakout

Ethereum (ETH) Eyes $3,000: Data Suggests Imminent Breakout

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

  • Trending
  • Comments
  • Latest
FTT jumps 7% as Backpack launches platform to help FTX victims liquidate claims – CoinJournal

FTT jumps 7% as Backpack launches platform to help FTX victims liquidate claims – CoinJournal

19 July 2025
PENDLE token goes live on BeraChain and HyperEVM to expand cross-chain utility – CoinJournal

PENDLE token goes live on BeraChain and HyperEVM to expand cross-chain utility – CoinJournal

30 July 2025
BNB Price Gears Up for Upside Break — Will Bulls Deliver?

BNB Price Gears Up for Upside Break — Will Bulls Deliver?

8 July 2025
Something Big Is Coming For XRP On July 9—Why It Matters

Something Big Is Coming For XRP On July 9—Why It Matters

8 July 2025
XRP could rally higher on steady capital inflow; check forecast

XRP could rally higher on steady capital inflow; check forecast

8 July 2025
10 Most Popular Bitcoin Mining Apps for Android & iOS in 2025 | Earn Crypto Fast

10 Most Popular Bitcoin Mining Apps for Android & iOS in 2025 | Earn Crypto Fast

24 May 2025
Crypto Leverage Under Fire: South Korea Set to Tighten Lending Rules

Crypto Leverage Under Fire: South Korea Set to Tighten Lending Rules

1 August 2025
A Ticking Time Bomb? US Senator Compares GENIUS Act to 2008 Financial Crisis

A Ticking Time Bomb? US Senator Compares GENIUS Act to 2008 Financial Crisis

1 August 2025
Bitcoin’s Next Big Surge? On-Chain Metrics Suggest a Price Shift Is Near

Bitcoin’s Next Big Surge? On-Chain Metrics Suggest a Price Shift Is Near

1 August 2025
Samourai Wallet founders plead guilty to unlicensed money transmission; DOJ drops laundering, conspiracy charges

Samourai Wallet founders plead guilty to unlicensed money transmission; DOJ drops laundering, conspiracy charges

1 August 2025
JPMorgan Chase Partners With Coinbase to Bring Crypto to Millions

JPMorgan Chase Partners With Coinbase to Bring Crypto to Millions

1 August 2025
JPMorgan Chase Partners With Coinbase to Bring Crypto to Millions

JPMorgan Chase Partners With Coinbase to Bring Crypto to Millions

1 August 2025
Facebook Twitter Instagram Youtube RSS
Coin Digest Daily

Stay ahead in the world of cryptocurrencies with Coin Digest Daily. Your daily dose of insightful news, market trends, and expert analyses. Empowering you to make informed decisions in the ever-evolving blockchain space.

CATEGORIES

  • Altcoin
  • Analysis
  • Bitcoin
  • Blockchain
  • Crypto Exchanges
  • Crypto Updates
  • DeFi
  • Ethereum
  • Metaverse
  • NFT
  • Regulations
  • Scam Alert
  • Web3

SITEMAP

  • About us
  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2024 Coin Digest Daily.
Coin Digest Daily is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • Bitcoin
  • Crypto Updates
    • General
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • Blockchain
  • NFT
  • Metaverse
  • Web3
  • DeFi
  • Analysis
  • Scam Alert
  • Regulations

Copyright © 2024 Coin Digest Daily.
Coin Digest Daily is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
  • bitcoinBitcoin(BTC)$115,517.00-2.37%
  • ethereumEthereum(ETH)$3,670.06-4.89%
  • rippleXRP(XRP)$2.95-6.05%
  • tetherTether(USDT)$1.000.00%
  • binancecoinBNB(BNB)$776.52-3.01%
  • solanaSolana(SOL)$168.95-6.51%
  • usd-coinUSDC(USDC)$1.000.00%
  • staked-etherLido Staked Ether(STETH)$3,665.23-4.89%
  • dogecoinDogecoin(DOGE)$0.205696-7.65%
  • tronTRON(TRX)$0.325284-0.32%