Bitcoin's (CRYPTO: BTC) plunge around $61,000 has pushed on-chain valuation metrics into undervalued territory, though the asset remains more expensive than at prior c

Bitcoin's (CRYPTO: BTC) plunge around $61,000 has pushed on-chain valuation metrics into undervalued territory, though the asset remains more expensive than at prior c

Grayscale has weighed in on whether bitcoin is cheap after BTC's recent decline below $60,000. The firm points investors to two key factors that could