Bitcoin is trading at a 30% discount relative to Nasdaq fair value

Bitcoin is currently trading at a roughly 30% discount compared to its Nasdaq 100-implied fair value. While any high-conviction Bitcoiner already knows how cheap the asset is right now, this ratio highlights the knock-down BTC price in proportion. And it’s a divergence that has historically implied a deep undervaluation. According to data from ecoinometrics, based The post Bitcoin is trading at a 30% discount relative to Nasdaq fair value appeared first on CryptoSlate.