Bitcoin possibly undervalued as Mayer Multiple hits lowest since FTX collapse


$ 86,691.9
€ 80,594.8
¥ 38,800.0
£ 67,280.8
BTC
-1.67 %
$ 2,004.57
€ 1,863.75
¥ 897.26
£ 1,555.54
ETH
-3.45 %
$ 223.25
€ 207.53
¥ 100.07
£ 173.18
XMR
1.26 %
$ 92.25
€ 85.81
¥ 41.31
£ 71.61
LTC
-1.51 %

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