Bitcoin (BTC) $ 95,205.00
Ethereum (ETH) $ 1,801.35
Tether (USDT) $ 1.00
XRP (XRP) $ 2.31
BNB (BNB) $ 606.32
Solana (SOL) $ 148.30
USDC (USDC) $ 1.00
Dogecoin (DOGE) $ 0.179725
Cardano (ADA) $ 0.706870
TRON (TRX) $ 0.249333
Lido Staked Ether (STETH) $ 1,802.95
Wrapped Bitcoin (WBTC) $ 94,923.00
Sui (SUI) $ 3.56
Chainlink (LINK) $ 15.12
Avalanche (AVAX) $ 21.96
Stellar (XLM) $ 0.284331
LEO Token (LEO) $ 8.95
Toncoin (TON) $ 3.28
Shiba Inu (SHIB) $ 0.000014
Hedera (HBAR) $ 0.190528
USDS (USDS) $ 0.999972
Wrapped stETH (WSTETH) $ 2,161.42
Bitcoin Cash (BCH) $ 370.13
Litecoin (LTC) $ 86.88
Polkadot (DOT) $ 4.29
Hyperliquid (HYPE) $ 18.98
Binance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 1.00
Bitget Token (BGB) $ 4.42
WETH (WETH) $ 1,791.75
Monero (XMR) $ 266.79
Ethena USDe (USDE) $ 0.999459
WhiteBIT Coin (WBT) $ 29.41
Pi Network (PI) $ 0.608819
Wrapped eETH (WEETH) $ 1,921.60
Coinbase Wrapped BTC (CBBTC) $ 95,163.00
Pepe (PEPE) $ 0.000009
Aptos (APT) $ 5.64
Uniswap (UNI) $ 5.46
Bittensor (TAO) $ 376.85
Dai (DAI) $ 1.00
OKB (OKB) $ 52.10
NEAR Protocol (NEAR) $ 2.58
Ondo (ONDO) $ 0.985223
sUSDS (SUSDS) $ 1.05
Official Trump (TRUMP) $ 14.50
Gate (GT) $ 22.29
Internet Computer (ICP) $ 5.15
Ethereum Classic (ETC) $ 17.06
BlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
Aave (AAVE) $ 167.17
Kaspa (KAS) $ 0.096694
Tokenize Xchange (TKX) $ 31.15
Cronos (CRO) $ 0.090698
Mantle (MNT) $ 0.737641
VeChain (VET) $ 0.027555
Render (RENDER) $ 4.56
Ethena Staked USDe (SUSDE) $ 1.17
POL (ex-MATIC) (POL) $ 0.239985
Algorand (ALGO) $ 0.233639
Cosmos Hub (ATOM) $ 4.48
Lombard Staked BTC (LBTC) $ 95,138.00
Artificial Superintelligence Alliance (FET) $ 0.714107
Ethena (ENA) $ 0.335698
Filecoin (FIL) $ 2.80
Fasttoken (FTN) $ 4.29
Celestia (TIA) $ 2.94
Sonic (prev. FTM) (S) $ 0.521056
Arbitrum (ARB) $ 0.336356
Bonk (BONK) $ 0.000020
Jupiter Perpetuals Liquidity Provider Token (JLP) $ 4.10
Worldcoin (WLD) $ 1.13
First Digital USD (FDUSD) $ 0.998124
Jupiter (JUP) $ 0.479703
KuCoin (KCS) $ 10.68
Solv Protocol SolvBTC (SOLVBTC) $ 95,121.00
Stacks (STX) $ 0.855186
Optimism (OP) $ 0.783393
Maker (MKR) $ 1,530.71
XDC Network (XDC) $ 0.080655
Binance Staked SOL (BNSOL) $ 155.36
NEXO (NEXO) $ 1.21
Flare (FLR) $ 0.018545
Fartcoin (FARTCOIN) $ 1.11
Sei (SEI) $ 0.215950
Story (IP) $ 4.07
Binance-Peg WETH (WETH) $ 1,802.17
Immutable (IMX) $ 0.588955
EOS (EOS) $ 0.688301
Kelp DAO Restaked ETH (RSETH) $ 1,871.00
Injective (INJ) $ 10.00
Virtuals Protocol (VIRTUAL) $ 1.48
USDT0 (USDT0) $ 1.00
The Graph (GRT) $ 0.099686
Wrapped BNB (WBNB) $ 606.68
Binance Bridged USDC (BNB Smart Chain) (USDC) $ 1.00
Raydium (RAY) $ 3.00
PayPal USD (PYUSD) $ 1.00
Curve DAO (CRV) $ 0.644040
FLOKI (FLOKI) $ 0.000090
Rocket Pool ETH (RETH) $ 2,036.12
IOTA (IOTA) $ 0.224011
Tether Gold (XAUT) $ 3,335.50
JasmyCoin (JASMY) $ 0.016806
Solv Protocol xSolvBTC (XSOLVBTC) $ 93,364.00
Bitcoin SV (BSV) $ 40.28
Polygon Bridged USDT (Polygon) (USDT) $ 1.00
Core (CORE) $ 0.795746
PAX Gold (PAXG) $ 3,336.02
GALA (GALA) $ 0.017596
Walrus (WAL) $ 0.619840
Theta Network (THETA) $ 0.762531
Arbitrum Bridged WBTC (Arbitrum One) (WBTC) $ 95,142.00
DeXe (DEXE) $ 13.24
Lido DAO (LDO) $ 0.840526
Pudgy Penguins (PENGU) $ 0.012064
Jupiter Staked SOL (JUPSOL) $ 163.78
Helium (HNT) $ 4.11
The Sandbox (SAND) $ 0.303348
clBTC (CLBTC) $ 95,359.00
Marinade Staked SOL (MSOL) $ 191.15
USD1 (USD1) $ 0.999337
BitTorrent (BTT) $ 0.00000072
Kaia (KAIA) $ 0.117377
Mantle Staked Ether (METH) $ 1,910.35
PancakeSwap (CAKE) $ 2.09
Usual USD (USD0) $ 0.997680
Brett (BRETT) $ 0.066177
Flow (FLOW) $ 0.409327
Onyxcoin (XCN) $ 0.018869
Stables Labs USDX (USDX) $ 0.999186
Solayer (LAYER) $ 2.97
dogwifhat (WIF) $ 0.620489
Decentraland (MANA) $ 0.329807
Movement (MOVE) $ 0.249949
Ethereum Name Service (ENS) $ 18.23
Ondo US Dollar Yield (USDY) $ 1.11
Tezos (XTZ) $ 0.560280
Pyth Network (PYTH) $ 0.161293
Jito (JTO) $ 1.81
Zcash (ZEC) $ 35.75
Renzo Restaked ETH (EZETH) $ 1,885.96
DeepBook (DEEP) $ 0.227739
Pendle (PENDLE) $ 3.37
SPX6900 (SPX) $ 0.579202
Reserve Rights (RSR) $ 0.009321
MANTRA (OM) $ 0.532760
dYdX (DYDX) $ 0.664898
Aerodrome Finance (AERO) $ 0.620882
Kava (KAVA) $ 0.462925
Telcoin (TEL) $ 0.005402
TrueUSD (TUSD) $ 1.00
MultiversX (EGLD) $ 17.39
Sonic Bridged USDC.e (Sonic) (USDC.E) $ 1.00
THORChain (RUNE) $ 1.39
uBTC (UBTC) $ 94,865.00
Beldex (BDX) $ 0.067603
Avalanche Bridged BTC (Avalanche) (BTC.B) $ 95,086.00
pumpBTC (PUMPBTC) $ 92,679.00
AIOZ Network (AIOZ) $ 0.405081
Arweave (AR) $ 7.19
StakeWise Staked ETH (OSETH) $ 1,884.15
Bridged USDC (Polygon PoS Bridge) (USDC.E) $ 1.00
Binance-Peg Dogecoin (DOGE) $ 0.179433
eCash (XEC) $ 0.000023
Grass (GRASS) $ 1.64
Starknet (STRK) $ 0.153650
NEO (NEO) $ 6.30
ApeCoin (APE) $ 0.551170
tBTC (TBTC) $ 94,937.00
OUSG (OUSG) $ 110.86
Axie Infinity (AXS) $ 2.63
Conflux (CFX) $ 0.082056
APENFT (NFT) $ 0.00000043
L2 Standard Bridged WETH (Base) (WETH) $ 1,801.23
Polygon (MATIC) $ 0.240007
Wormhole (W) $ 0.090351
Chiliz (CHZ) $ 0.042808
Hashnote USYC (USYC) $ 1.09
USDB (USDB) $ 1.00
Berachain (BERA) $ 3.72
Mantle Restaked ETH (CMETH) $ 1,915.11
Super OETH (SUPEROETHB) $ 1,799.51
JUST (JST) $ 0.039211
Compound (COMP) $ 42.98
Beam (BEAM) $ 0.007312
Popcat (POPCAT) $ 0.388497
Arbitrum Bridged WETH (Arbitrum One) (WETH) $ 1,802.51
Olympus (OHM) $ 21.60
Amp (AMP) $ 0.004181
Axelar (AXL) $ 0.371698
Mantle Bridged USDT (Mantle) (USDT) $ 1.00
Ronin (RON) $ 0.563936
Sun Token (SUN) $ 0.017983
Saros (SAROS) $ 0.131248
Trust Wallet (TWT) $ 0.822469
ether.fi Staked ETH (EETH) $ 1,786.99
Terra Luna Classic (LUNC) $ 0.000063
USDD (USDD) $ 1.00
Turbo (TURBO) $ 0.004908
Plume (PLUME) $ 0.168641

BTC Currently Valued at Fair Market Price, Bitcoin Magazine Pro Data Shows

By admin On Aug 27, 2024

At the time of writing, Bitcoin is currently valued at $63,500, deemed a fair market price according to the Bitcoin Cycle Master chart and data from Bitcoin Magazine Pro. The Bitcoin Cycle Master chart integrates on-chain metrics, including Coin Value Days Destroyed and Terminal Price, to assess Bitcoin’s position within its economic cycles. Historically, these cycles occur approximately every four years, aligning with Bitcoin halving events.

The Bitcoin Cycle Master tool analyzes actual economic behavior on the Bitcoin blockchain to determine whether Bitcoin is undervalued, fairly valued, aggressively valued, or overvalued. Presently, the data indicates that Bitcoin is at a fair market value, suggesting a balanced state between demand and supply within the current cycle.

This tool not only identifies periods of increased risk, where transaction behaviors hint at major cycle highs, but also highlights value opportunities during cycle lows. By tracking on-chain transaction patterns, the Bitcoin Cycle Master provides insights into potential future price movements, potentially helping investors make more informed decisions.

Institutions, analysts, and Bitcoin enthusiasts are optimistic about a price increase later in the year, drawing on historical trends where Bitcoin’s value tends to rise many months following a halving event. This sentiment has been further bolstered by recent predictions from prominent figures in the financial sector. Earlier this month, Jan van Eck, CEO of ETF & Mutual Fund Manager VanEck, forecasted that Bitcoin could soar to $350,000, reflecting strong confidence in Bitcoin’s long-term growth prospects.

JUST IN: VanEck CEO says #Bitcoin will be half the total market cap of gold, hitting $350,000 🚀 pic.twitter.com/KGRi0DGvfJ

— Bitcoin Magazine (@BitcoinMagazine) August 1, 2024

For more detailed information, insights, and to sign up to access Bitcoin Magazine Pro’s data and analytics, visit the official website here.

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