Bitcoin's Mayer multiple indicates the cryptocurrency is undervalued despite having rallied by over 40% this quarter.
Bitcoin's rally has stalled since the May halving, but that hasn't deterred large investors from accumulating coins, data shows.
A fresh stimulus "bazooka" from the Fed Reserve and the U.S. government lifted prices for both stocks and bitcoin.
The put-call volume ratio of bitcoin options suggests Monday's price decline could be short-lived. However, the cryptocurrency remains vulnerable to a further sell-off in stocks.
Fear has crept back into cryptocurrency and traditional financial markets, with bitcoin falling alongside U.S. stocks on Thursday.
The week-long calm in the bitcoin market ended with a sudden $800 price drop on Thursday. Here's three likely reasons why.
With the Fed dashing hopes of a V-shaped recovery, it's uncertain whether bitcoin will become a store of value or begin to track stocks.
Bitcoin could be on the verge of breaking into a multi-month bull run, according to a lesser-known data metric.
Bitcoin's price volatility is now as low as it was before the "Black Thursday" crash on March 12.
There are signs investors are increasingly holding bitcoin, confident that a long-term bull market lies ahead.
Option traders look to be placing bets for a continued upward move in bitcoin.
Bloomberg analysts argue that historical patterns and macro factors mean prices are on a path back the the all-time high.
After another failure above the $10,000 mark, some bitcoin traders are now looking ahead to this week's European Central Bank meeting, where authorities could commit to an extra €500 billion in money injections – er, asset purchases.
Bitcoin's price fell more than $800 in under five minutes on Tuesday, pushing the broader cryptocurrency market into the red.
A big short squeeze has taken bitcoin passed a major psychological hurdle – some think its the start of a breakout.