BEAMSTART Logo

Market ‘Pricing In A Higher Fair Value’ For Bitcoin As Price Discovery Continues

NewsBTC LogoNewsBTC13h ago

Market ‘Pricing In A Higher Fair Value’ For Bitcoin As Price Discovery Continues - NewsBTC

Quick Summary:

Since then, realized profit volumes have gradually decreased, "reaching an equilibrium.” As the report noted, there’s been a reset in supply and demand forces, which indicates, alongside the recent price surge, that "the market is now pricing in a higher fair value’ for Bitcoin.” At the same time, the cryptocurrency continues its price discovery.

The recent demand surge suggests a notable shift as buying interest is "absorbing selling pressure at all-time highs and stabilizing market dynamics: Now we appear to be entering into a new phase where the volume of profit-taking when BTC hits an all-time high is notably lower, given the amount of fresh demand entering the market post-election.

Related Reading: Bitcoin Closing In On $80,000 For Record-Breaking Run After Trump Win Bitcoin ‘Fair Value’ Priced In At Higher Levels Following Donald Trump’s victory last Tuesday, the crypto market has seen a massive rally, surging to a market capitalization of $3.05 trillion.


More Pictures

Market ‘Pricing In A Higher Fair Value’ For Bitcoin As Price Discovery Continues - NewsBTC (Picture 1)

or

Article Details

Author / Journalist: Rubmar Garcia

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-13 @ 06:30:53 (13 hours ago)

News Timezone: GMT +8:00

News Source URL: newsbtc.com

Language: English

Article Length: 514 words

Reading Time: 3 minutes read

Sentences: 78 lines

Sentence Length: 7 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © NewsBTC

News ID: 23566969

View Article Analysis

About NewsBTC

NewsBTC Logo

Main Topics: Crypto

Official Website: newsbtc.com

Update Frequency: 7 posts per day

Year Established: 2013

Headquarters: United Kingdom

News Last Updated: 14 hours ago

Coverage Areas: United Kingdom

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #102

Publisher Details

Frequently Asked Questions

How long will it take to read this news story?

The story "Market ‘Pricing In A Higher Fair Value’ For Bitcoin As Price Discovery Continues" has 514 words across 78 sentences, which will take approximately 3 - 5 minutes for the average person to read.

Which news outlet covered this story?

The story "Market ‘Pricing In A Higher Fair Value’ For Bitcoin As Price Discovery Continues" was covered 13 hours ago by NewsBTC, a news publisher based in United Kingdom.

How trustworthy is 'NewsBTC' news outlet?

NewsBTC is a fully independent (privately-owned) news outlet established in 2013 that covers mostly crypto news.

The outlet is headquartered in United Kingdom and publishes an average of 7 news stories per day.

It's most recent story was published 14 hours ago.

What do people currently think of this news story?

The sentiment for this story is currently Positive, indicating that people regard this as "good news".

How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.
  • News ID: #23566969
  • URL: https://beamstart.com/news/market-pricing-in-a-higher-17314818182018

BEAMSTART

BEAMSTART is a global entrepreneurship community, serving as a catalyst for innovation and collaboration. With a mission to empower entrepreneurs, we offer exclusive deals with savings totaling over $1,000,000, curated news, events, and a vast investor database. Through our portal, we aim to foster a supportive ecosystem where like-minded individuals can connect and create opportunities for growth and success.

© Copyright 2024 BEAMSTART. All Rights Reserved.