Wednesday, December 25, 2024
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New Bitcoin Yardstick metric says $20K BTC now ‘extraordinarily cheap’

A simple but elegant Bitcoin (BTC) price metric has returned to lows from before the 2017 bull market.As noted by its creator, Charles Edwards, CEO of asset manager Capriole, the Bitcoin Yardstick is now at its second lowest levels in history.Yardstick prints second-lowest reading everAs on-chain metrics converge to put

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