Bitcoin (BTC) $ 118,402.00
Ethereum (ETH) $ 3,861.59
XRP (XRP) $ 3.14
Tether (USDT) $ 0.999849
BNB (BNB) $ 801.73
Solana (SOL) $ 181.02
USDC (USDC) $ 0.999804
Lido Staked Ether (STETH) $ 3,858.14
Dogecoin (DOGE) $ 0.223461
TRON (TRX) $ 0.326879
Cardano (ADA) $ 0.782018
Wrapped stETH (WSTETH) $ 4,663.33
Wrapped Bitcoin (WBTC) $ 118,291.00
Hyperliquid (HYPE) $ 43.16
Sui (SUI) $ 3.86
Stellar (XLM) $ 0.424194
Wrapped Beacon ETH (WBETH) $ 4,148.45
Chainlink (LINK) $ 18.06
Bitcoin Cash (BCH) $ 584.60
Hedera (HBAR) $ 0.274228
Wrapped eETH (WEETH) $ 4,138.95
Avalanche (AVAX) $ 24.03
WETH (WETH) $ 3,862.02
Litecoin (LTC) $ 110.61
Ethena USDe (USDE) $ 1.00
Toncoin (TON) $ 3.46
LEO Token (LEO) $ 8.96
USDS (USDS) $ 0.999830
Shiba Inu (SHIB) $ 0.000013
Binance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 0.999933
WhiteBIT Coin (WBT) $ 44.22
Coinbase Wrapped BTC (CBBTC) $ 118,365.00
Uniswap (UNI) $ 10.17
Polkadot (DOT) $ 3.88
Monero (XMR) $ 315.65
Bitget Token (BGB) $ 4.54
Ethena Staked USDe (SUSDE) $ 1.19
Pepe (PEPE) $ 0.000012
Cronos (CRO) $ 0.148322
Aave (AAVE) $ 278.97
Ethena (ENA) $ 0.645782
Dai (DAI) $ 0.999996
Bittensor (TAO) $ 378.87
NEAR Protocol (NEAR) $ 2.72
Ethereum Classic (ETC) $ 21.74
Pi Network (PI) $ 0.421852
Aptos (APT) $ 4.61
Ondo (ONDO) $ 0.973749
Internet Computer (ICP) $ 5.53
Jito Staked SOL (JITOSOL) $ 220.86
OKB (OKB) $ 47.76
Mantle (MNT) $ 0.770504
Kaspa (KAS) $ 0.094449
Pudgy Penguins (PENGU) $ 0.038695
BlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
Binance-Peg WETH (WETH) $ 3,861.59
Algorand (ALGO) $ 0.264376
Bonk (BONK) $ 0.000029
Arbitrum (ARB) $ 0.427757
USD1 (USD1) $ 0.999449
VeChain (VET) $ 0.024833
Gate (GT) $ 17.51
Cosmos Hub (ATOM) $ 4.49
Render (RENDER) $ 3.99
POL (ex-MATIC) (POL) $ 0.220531
Fasttoken (FTN) $ 4.57
Worldcoin (WLD) $ 1.08
Binance Staked SOL (BNSOL) $ 192.74
Official Trump (TRUMP) $ 9.43
Sei (SEI) $ 0.318244
Sky (SKY) $ 0.086287
SPX6900 (SPX) $ 1.97
Artificial Superintelligence Alliance (FET) $ 0.702332
Story (IP) $ 6.22
Rocket Pool ETH (RETH) $ 4,393.43
sUSDS (SUSDS) $ 1.06
Filecoin (FIL) $ 2.54
Kelp DAO Restaked ETH (RSETH) $ 4,051.14
Flare (FLR) $ 0.024603
Jupiter Perpetuals Liquidity Provider Token (JLP) $ 5.06
Lombard Staked BTC (LBTC) $ 117,975.00
Jupiter (JUP) $ 0.533352
XDC Network (XDC) $ 0.097784
StakeWise Staked ETH (OSETH) $ 4,062.74
KuCoin (KCS) $ 11.41
USDtb (USDTB) $ 0.999656
Curve DAO (CRV) $ 1.04
Mantle Staked Ether (METH) $ 4,133.78
Liquid Staked ETH (LSETH) $ 4,171.41
Injective (INJ) $ 14.28
Stacks (STX) $ 0.764494
USDT0 (USDT0) $ 1.00
NEXO (NEXO) $ 1.33
Celestia (TIA) $ 1.82
First Digital USD (FDUSD) $ 0.997810
Renzo Restaked ETH (EZETH) $ 4,067.19
Optimism (OP) $ 0.721420
Polygon Bridged USDT (Polygon) (USDT) $ 0.999838
Falcon USD (USDF) $ 0.999406
Solv Protocol BTC (SOLVBTC) $ 118,019.00
Conflux (CFX) $ 0.221303
Pump.fun (PUMP) $ 0.003186
FLOKI (FLOKI) $ 0.000116
Jupiter Staked SOL (JUPSOL) $ 203.87
Fartcoin (FARTCOIN) $ 1.08
Immutable (IMX) $ 0.565984
Sonic (S) $ 0.329821
Wrapped BNB (WBNB) $ 801.88
The Graph (GRT) $ 0.101782
Binance Bridged USDC (BNB Smart Chain) (USDC) $ 1.00
dogwifhat (WIF) $ 0.994412
PancakeSwap (CAKE) $ 2.86
Ethereum Name Service (ENS) $ 28.73
Arbitrum Bridged WBTC (Arbitrum One) (WBTC) $ 118,342.00
PayPal USD (PYUSD) $ 0.999670
Saros (SAROS) $ 0.358134
Lido DAO (LDO) $ 1.04
Kaia (KAIA) $ 0.159837
Marinade Staked SOL (MSOL) $ 237.59
PAX Gold (PAXG) $ 3,304.18
clBTC (CLBTC) $ 120,697.00
Virtuals Protocol (VIRTUAL) $ 1.38
Tezos (XTZ) $ 0.835237
SyrupUSDC (SYRUPUSDC) $ 1.11
Theta Network (THETA) $ 0.858367
Vaulta (A) $ 0.540128
Super OETH (SUPEROETH) $ 3,859.91
Tether Gold (XAUT) $ 3,302.95
Mantle Restaked ETH (CMETH) $ 4,142.83
cgETH Hashkey Cloud (CGETH.HASH) $ 4,022.72
Raydium (RAY) $ 3.01
IOTA (IOTA) $ 0.204351
JasmyCoin (JASMY) $ 0.016132
GALA (GALA) $ 0.016617
Pendle (PENDLE) $ 4.43
Aerodrome Finance (AERO) $ 0.834436
The Sandbox (SAND) $ 0.294189
Pyth Network (PYTH) $ 0.123473
BitTorrent (BTT) $ 0.00000071
OUSG (OUSG) $ 111.99
Ondo US Dollar Yield (USDY) $ 1.09
Stables Labs USDX (USDX) $ 0.997944
tBTC (TBTC) $ 118,255.00
Jito (JTO) $ 1.85
L2 Standard Bridged WETH (Base) (WETH) $ 3,861.19
Zcash (ZEC) $ 38.91
Flow (FLOW) $ 0.393179
ether.fi Staked ETH (EETH) $ 3,857.36
Morpho (MORPHO) $ 1.87
Stader ETHx (ETHX) $ 4,112.20
Helium (HNT) $ 3.22
AB (AB) $ 0.008449
Walrus (WAL) $ 0.428088
Usual USD (USD0) $ 0.997566
Mog Coin (MOG) $ 0.000001
Decentraland (MANA) $ 0.301853
USDD (USDD) $ 0.999559
Ripple USD (RLUSD) $ 0.999415
Avalanche Bridged BTC (Avalanche) (BTC.B) $ 118,247.00
Solv Protocol Staked BTC (XSOLVBTC) $ 116,686.00
Binance-Peg Dogecoin (DOGE) $ 0.222734
Brett (BRETT) $ 0.056604
Coinbase Wrapped Staked ETH (CBETH) $ 4,256.67
Bitcoin SV (BSV) $ 28.07
MemeCore (M) $ 0.333340
Beldex (BDX) $ 0.076832
Arbitrum Bridged WETH (Arbitrum One) (WETH) $ 3,862.26
Maple Finance (SYRUP) $ 0.454979
Core (CORE) $ 0.534628
Onyxcoin (XCN) $ 0.015538
BUILDon (B) $ 0.516662
Swell Ethereum (SWETH) $ 4,230.88
Keeta (KTA) $ 1.26
Zebec Network (ZBCN) $ 0.005787
Ether.fi (ETHFI) $ 1.18
TrueUSD (TUSD) $ 0.997171
THORChain (RUNE) $ 1.40
Reserve Rights (RSR) $ 0.008365
Arweave (AR) $ 7.53
Telcoin (TEL) $ 0.005298
ApeCoin (APE) $ 0.603395
APENFT (NFT) $ 0.00000049
Frax Ether (FRXETH) $ 3,854.81
NEO (NEO) $ 6.49
Starknet (STRK) $ 0.126280
Savings Dai (SDAI) $ 1.16
Rekt (REKT) $ 0.000001
dYdX (DYDX) $ 0.599371
Compound (COMP) $ 47.83
Polygon PoS Bridged WETH (Polygon POS) (WETH) $ 3,862.18
AIOZ Network (AIOZ) $ 0.375292
MultiversX (EGLD) $ 15.37
eCash (XEC) $ 0.000022
DeXe (DEXE) $ 7.53
Wrapped HYPE (WHYPE) $ 43.13
Kava (KAVA) $ 0.393175
WEMIX (WEMIX) $ 0.936116
Treehouse ETH (TETH) $ 4,678.01
Sun Token (SUN) $ 0.021800
Mantle Bridged USDT (Mantle) (USDT) $ 0.999301

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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