Bill Miller IV, chairman and CIO of Miller Value Partners, has explained why bitcoin is undervalued despite the cryptocurrency’s recent highs. He emphasized bitcoin’s potential as a revolutionary monetary system superior to fiat currencies, which are subject to human control and debasement. Miller believes bitcoin’s market cap has room for substantial growth. ‘I Believe Bitcoin […]
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Key TakeawaysBitcoin dropped below $78,700 before recovering to $79,500 after strong U.S. employment data on Friday.Reduced Fed rate-cut odds triggered over $295 million in long liquidations across crypto...
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