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Why is Market Cap IMPORTANT In Crypto? (BEST Explanation in 3 minutes)Bitcoin (BTC), the leading cryptocurrency by market value, has surged over % this year, beating traditional assets like the S&P , gold. Per 10x's latest research note, MSTR's shares appear overvalued by 26%. The conclusion is based on the firm's regression model, studying the. Based on bitcoin's volatility ratio to gold, the digital currency is currently overvalued by about 13%, according to a group of JPMorgan.
