Crypto Long & Short: Sorting Out Bitcoin’s P/E Ratio
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This week, Glenn Williams Jr. taps his equity research analyst background – the land of price-to-earnings ratios and other valuation techniques – to sort out whether bitcoin is under- or overvalued. Then, Jennifer Murphy, the CEO of Runa Digital Assets, puts digital assets into very broad historical context (the year 1771 gets a mention) and explains how just a few winners tend to drive markets over the long-haul.