Whatโ€™s Bitcoin REALLY Worth? Much Less Than You Think โ€“ CCN Markets

New data reveals Bitcoinโ€™s true value is way less than you probably think โ€“ but thatโ€™s not necessarily a bad thing for BTC. | Source: Shutterstock Bitcoinโ€™s reported $172 billion market cap may be a point of pride for cryptocurrency enthusiasts everywhere, but how accurate is it as a measure of Bitcoinโ€™s worth? Not much. In fact, new data from CoinMetrics suggests the true Bitcoin price amounts to far less than weโ€™re led to believe. Bitcoin: โ€˜Market Capโ€™ Diverges Wildly From โ€˜Realized Capโ€™ The market cap of Bitcoin is calculated…