Bitcoin (BTC) $ 105,006.00
Ethereum (ETH) $ 2,518.22
Tether (USDT) $ 1.00
XRP (XRP) $ 2.13
BNB (BNB) $ 642.14
Solana (SOL) $ 144.23
USDC (USDC) $ 0.999776
Dogecoin (DOGE) $ 0.176907
TRON (TRX) $ 0.271065
Lido Staked Ether (STETH) $ 2,518.38
Cardano (ADA) $ 0.622584
Wrapped Bitcoin (WBTC) $ 104,976.00
Hyperliquid (HYPE) $ 39.67
Wrapped stETH (WSTETH) $ 3,034.45
Sui (SUI) $ 2.89
Chainlink (LINK) $ 13.05
Bitcoin Cash (BCH) $ 426.36
LEO Token (LEO) $ 9.07
Avalanche (AVAX) $ 18.96
Stellar (XLM) $ 0.255486
Toncoin (TON) $ 2.94
USDS (USDS) $ 0.999749
Shiba Inu (SHIB) $ 0.000012
WETH (WETH) $ 2,519.39
Wrapped eETH (WEETH) $ 2,694.02
Hedera (HBAR) $ 0.153199
Litecoin (LTC) $ 85.12
Binance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 0.999543
Ethena USDe (USDE) $ 1.00
Monero (XMR) $ 311.84
Polkadot (DOT) $ 3.76
WhiteBIT Coin (WBT) $ 39.06
Bitget Token (BGB) $ 4.52
Coinbase Wrapped BTC (CBBTC) $ 105,031.00
Pepe (PEPE) $ 0.000011
Pi Network (PI) $ 0.609991
Uniswap (UNI) $ 7.25
Aave (AAVE) $ 273.54
Dai (DAI) $ 0.999492
Ethena Staked USDe (SUSDE) $ 1.18
Bittensor (TAO) $ 360.80
OKB (OKB) $ 51.45
Internet Computer (ICP) $ 5.48
BlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
Aptos (APT) $ 4.44
Cronos (CRO) $ 0.090667
NEAR Protocol (NEAR) $ 2.20
Ethereum Classic (ETC) $ 16.65
Jito Staked SOL (JITOSOL) $ 174.52
Ondo (ONDO) $ 0.779512
sUSDS (SUSDS) $ 1.06
Tokenize Xchange (TKX) $ 28.48
USD1 (USD1) $ 1.00
Mantle (MNT) $ 0.636225
Gate (GT) $ 16.85
Official Trump (TRUMP) $ 10.00
Kaspa (KAS) $ 0.073343
Fasttoken (FTN) $ 4.44
VeChain (VET) $ 0.021921
Sky (SKY) $ 0.086946
Cosmos Hub (ATOM) $ 4.07
Lombard Staked BTC (LBTC) $ 104,705.00
POL (ex-MATIC) (POL) $ 0.198161
Ethena (ENA) $ 0.291556
Render (RENDER) $ 3.36
Artificial Superintelligence Alliance (FET) $ 0.660576
Filecoin (FIL) $ 2.41
Arbitrum (ARB) $ 0.333244
Worldcoin (WLD) $ 0.970209
USDT0 (USDT0) $ 1.00
Binance-Peg WETH (WETH) $ 2,516.70
Algorand (ALGO) $ 0.176118
First Digital USD (FDUSD) $ 0.998951
Quant (QNT) $ 103.63
Jupiter Perpetuals Liquidity Provider Token (JLP) $ 4.36
USDtb (USDTB) $ 1.00
KuCoin (KCS) $ 11.21
SPX6900 (SPX) $ 1.39
Binance Staked SOL (BNSOL) $ 152.34
Flare (FLR) $ 0.018286
NEXO (NEXO) $ 1.21
Jupiter (JUP) $ 0.407953
Celestia (TIA) $ 1.78
Rocket Pool ETH (RETH) $ 2,865.39
Virtuals Protocol (VIRTUAL) $ 1.81
Kelp DAO Restaked ETH (RSETH) $ 2,637.00
Fartcoin (FARTCOIN) $ 1.15
Bonk (BONK) $ 0.000015
Injective (INJ) $ 11.45
Sonic (S) $ 0.336230
Story (IP) $ 3.59
Optimism (OP) $ 0.592446
Polygon Bridged USDT (Polygon) (USDT) $ 1.00
Binance Bridged USDC (BNB Smart Chain) (USDC) $ 0.998623
PayPal USD (PYUSD) $ 0.999895
XDC Network (XDC) $ 0.059530
Stacks (STX) $ 0.622833
Mantle Staked Ether (METH) $ 2,691.15
Sei (SEI) $ 0.174366
StakeWise Staked ETH (OSETH) $ 2,647.36
Solv Protocol BTC (SOLVBTC) $ 104,840.00
Kaia (KAIA) $ 0.148664
AB (AB) $ 0.013735
Arbitrum Bridged WBTC (Arbitrum One) (WBTC) $ 104,840.00
Wrapped BNB (WBNB) $ 641.71
Immutable (IMX) $ 0.456736
Tether Gold (XAUT) $ 3,454.47
Renzo Restaked ETH (EZETH) $ 2,649.99
PAX Gold (PAXG) $ 3,479.37
dogwifhat (WIF) $ 0.839618
The Graph (GRT) $ 0.086720
clBTC (CLBTC) $ 107,123.00
Vaulta (A) $ 0.523932
Curve DAO (CRV) $ 0.591832
PancakeSwap (CAKE) $ 2.34
FLOKI (FLOKI) $ 0.000077
Jupiter Staked SOL (JUPSOL) $ 160.98
Lido DAO (LDO) $ 0.801250
Liquid Staked ETH (LSETH) $ 2,723.72
Zcash (ZEC) $ 44.06
OUSG (OUSG) $ 111.43
Marinade Staked SOL (MSOL) $ 187.66
Theta Network (THETA) $ 0.697187
GALA (GALA) $ 0.014967
Stables Labs USDX (USDX) $ 0.999571
Ethereum Name Service (ENS) $ 20.14
SyrupUSDC (SYRUPUSDC) $ 1.11
BitTorrent (BTT) $ 0.00000066
Jito (JTO) $ 1.93
The Sandbox (SAND) $ 0.263656
IOTA (IOTA) $ 0.167481
JasmyCoin (JASMY) $ 0.012905
Usual USD (USD0) $ 0.997794
Bitcoin SV (BSV) $ 30.88
Polyhedra Network (ZKJ) $ 1.98
Walrus (WAL) $ 0.448759
Pudgy Penguins (PENGU) $ 0.009553
Pendle (PENDLE) $ 3.69
Wrapped HYPE (WHYPE) $ 39.65
Pyth Network (PYTH) $ 0.103684
Solv Protocol Staked BTC (XSOLVBTC) $ 104,503.00
Raydium (RAY) $ 2.04
Aerodrome Finance (AERO) $ 0.705647
Tezos (XTZ) $ 0.559070
Ondo US Dollar Yield (USDY) $ 1.09
Core (CORE) $ 0.573226
Falcon USD (USDF) $ 0.999005
L2 Standard Bridged WETH (Base) (WETH) $ 2,519.45
Super OETH (SUPEROETH) $ 2,519.61
Flow (FLOW) $ 0.349677
Saros (SAROS) $ 0.211419
tBTC (TBTC) $ 104,965.00
ApeCoin (APE) $ 0.679348
Mantle Restaked ETH (CMETH) $ 2,688.95
cgETH Hashkey Cloud (CGETH.HASH) $ 2,619.99
THORChain (RUNE) $ 1.47
Arbitrum Bridged WETH (Arbitrum One) (WETH) $ 2,519.41
Avalanche Bridged BTC (Avalanche) (BTC.B) $ 105,084.00
DeXe (DEXE) $ 8.81
Maple Finance (SYRUP) $ 0.465579
Decentraland (MANA) $ 0.262497
TrueUSD (TUSD) $ 0.997716
Compound (COMP) $ 52.31
Helium (HNT) $ 2.50
Grass (GRASS) $ 1.59
Staked HYPE (STHYPE) $ 39.65
Binance-Peg Dogecoin (DOGE) $ 0.176569
Kava (KAVA) $ 0.415742
Onyxcoin (XCN) $ 0.013038
USDD (USDD) $ 1.00
Beldex (BDX) $ 0.060556
Bridged USDC (Polygon PoS Bridge) (USDC.E) $ 0.999802
Brett (BRETT) $ 0.043425
Morpho (MORPHO) $ 1.39
Circle USYC (USYC) $ 1.09
eCash (XEC) $ 0.000021
USDB (USDB) $ 1.00
Ripple USD (RLUSD) $ 0.999874
MimbleWimbleCoin (MWC) $ 36.92
APENFT (NFT) $ 0.00000041
EOS (EOS) $ 0.555433
Axelar (AXL) $ 0.411970
AIOZ Network (AIOZ) $ 0.341787
Ket (KET) $ 0.402236
dYdX (DYDX) $ 0.510633
Starknet (STRK) $ 0.118407
Arweave (AR) $ 6.01
MultiversX (EGLD) $ 13.83
Aethir (ATH) $ 0.039362
NEO (NEO) $ 5.52
Keeta (KTA) $ 0.942725
Movement (MOVE) $ 0.148614
Stader ETHx (ETHX) $ 2,674.64
Mantle Bridged USDT (Mantle) (USDT) $ 1.00
ether.fi Staked ETH (EETH) $ 2,517.17
Eigenlayer (EIGEN) $ 1.22
Axie Infinity (AXS) $ 2.31
Conflux (CFX) $ 0.073422
Telcoin (TEL) $ 0.003914
Reserve Rights (RSR) $ 0.006215

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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