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Bitcoin's 'Mayer Multiple' Nears Point of Undervaluation Ahead of Fed

Expectations of a hawkish Fed cloud the prospects of a bullish reversal.

Updated May 11, 2023, 4:38 p.m. Published May 4, 2022, 10:49 a.m.
Bitcoin's Mayer Multiple approaches point of undervaluation. (Pixabay, modified by CoinDesk)
Bitcoin's Mayer Multiple approaches point of undervaluation. (Pixabay, modified by CoinDesk)