Coinbase: Institutional Investors See Bitcoin as Undervalued Amid Market Dip
According to Coinbase, a majority of institutional investors believe Bitcoin is currently undervalued. This assessment comes as Bitcoin has experienced a significant decline of nearly 30% since the market downturn in October. During the same period, traditional safe-haven assets such as gold and silver have seen substantial increases in value. The report suggests a divergence in perceived value between institutional investors and the broader market regarding Bitcoin's current price.
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