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BNY Mellon Evaluates Different Methods Of Valuing Bitcoin

BNY Mellon evaluates different methods of valuing Bitcoin because the bank thinks it is worth understating despite its flaws so let’s read more in our latest Bitcoin news today. The stock-to-flow model that we already know about is used to predict bitcoin’s price based on supply and issuance levels and though controversial, BNY Mellon evaluates another way to determine Bitcoin’s value because it is important to understand it. BNY Mellon took on another task of evaluating other methods of evaluating BTC in an investment report and in doing so, it came up with a controversial model that could see Bitcoin’s…

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