Bitcoin’s Dramatic Tumble Could Reveal Interesting Valuations

Unlike stocks or bonds, traditional valuation metrics, such as price-to-book or price-to-earnings ratios, aren’t usually applied to bitcoin. That’s likely the result of the digital currency being young in financial terms, among other issues. However, some cryptocurrency devotees do attempt to assign valuation to bitcoin and with the digital asset’s recent woes, a growing chorus [...] The post Bitcoin’s Dramatic Tumble Could Reveal Interesting Valuations appeared first on ETF Trends .