Bitcoin possibly undervalued as Mayer Multiple hits lowest since FTX collapse


$ 87,184.0
€ 80,782.8
¥ 38,800.0
£ 67,384.8
BTC
0.75 %
$ 2,051.98
€ 1,901.49
¥ 913.25
£ 1,586.68
ETH
0.40 %
$ 224.80
€ 208.26
¥ 100.07
£ 173.72
XMR
0.68 %
$ 93.81
€ 86.91
¥ 41.76
£ 72.49
LTC
1.65 %

The popular Bitcoin valuation metric hasn’t been at this level since the downfall of cryptocurrency exchange FTX in November 2022.