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Bitcoin (BTC) may be at risk of a catastrophic &#8220;bank run,&#8221; according to Justin Bons, founder and CIO of Cyber Capital. &nbsp;

Bitcoin Faces ‘Bank Run’ Vulnerability, Warns Cyber Capital Founder Justin Bons

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The post Bitcoin Entered a Parabolic Phase—Here’s Why the Selling Point is Likely Much Beyond $100K appeared first on Coinpedia Fintech News

Bitcoin Entered a Parabolic Phase—Here’s Why the Selling Point is Likely Much Beyond $100K

As the price of Bitcoin reaches historic highs, and nearly touched $77,000 yesterday on Friday, November 8, 2024, investors are confronted with a crucial question: is this rapid increase supported by real value, or has the market already reached its limits? In a price discovery phase, where traditional benchmarks seem to dissolve, analyses on on-chain metrics provide a better understanding of the underlying potential of the most emblematic crypto. Five key indicators show that, despite this peak, Bitcoin remains fundamentally undervalued.

Bitcoin At A Peak : Key Metrics Suggest Further Gains

As Bitcoin makes history today, the Bitcoin staking platform Solv Protocol has also achieved a historic milestone in its total value locked (TVL).

#	Exchange	Pair	Volume (24H)	Volume (%)	Price	Last Updated
1	QuickSwap	GHST/FUD	$157	100%	$0.00009402	Recently
2	QuickSwap	WMATIC/FUD	$0	0%	$0.00008666	Recently

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