Market Cap
24h Vol
6566
Cryptocurrencies
51.43%
Bitcoin Share

Puell Multiple Says Bitcoin Is Trading At A Discount Right Now

Puell Multiple Says Bitcoin Is Trading At A Discount Right Now


Bitcoinist
2024-05-24 04:00:07

On-chain data shows the Bitcoin Puell Multiple has dipped into the “undervalued” territory for the first time in more than a year. Bitcoin Puell Multiple Has Observed A Plunge Recently As an analyst in a CryptoQuant Quicktake post pointed out, the BTC Puell Multiple has fallen recently. The Puell Multiple refers to an on-chain indicator


Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.