Analyst: The current fair value of Bitcoin is between $48,000 and $95,000

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Bitget2025/02/07 07:18

News on February 7, according to CoinDesk, the latest analysis by CryptoQuant points out that the fair value of Bitcoin is between $48,000 and $95,000. This suggests that the current market price of Bitcoin may be overvalued.

The Bitcoin Network Activity Index launched by this analytics company shows that the index has dropped 15% since its peak in November, falling to 3760 points, which is the lowest level in more than a year. This decline is mainly driven by a significant reduction in daily trading volume. The trading volume plummeted 53% from a record high of 734,000 transactions set in September to 346,000 transactions.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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