Tom Lydon / ETF Trends
Bitcoin’s Dramatic Tumble Could Reveal Interesting Valuations – Unlike stocks or bonds, traditional valuation metrics, such as price-to-book or price-to-earnings ratios, arent usually applied to bitcoin. Thats likely the result of the digital currency being young in financial terms, among other issues. However, some cryptocurrency devotees do attempt to assign valuation to bitcoin and with the digital assets …