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Bitcoin breaks $11500 as sentiment metrics show it’s still undervalued

Bitcoin breaks $11,500 as sentiment metrics show it’s still undervalued

The DeFi-induced bullrun has arguably pushed the crypto market upwards the past week, with Bitcoin, Ethereum, and other major cryptocurrencies giving gains of over 10-15 percent to investors. Data feeds from one quantitative on-chain data provider prove the above, with sentiment metrics, in particular, paving the path for even higher prices.







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