Bitcoin(BTC)$22,673.00-2.27%
Ethereum(ETH)$1,632.93-2.60%
Tether(USDT)$1.000.06%
BNB(BNB)$319.87-3.64%
XRP(XRP)$0.394811-1.89%
Cardano(ADA)$0.386092-3.41%
Polkadot(DOT)$6.84-1.02%
Litecoin(LTC)$96.45-4.99%
Uniswap(UNI)$6.64-4.35%
Browsing: Oversold
TLDR: Bloomberg Intelligence senior commodity strategist Mike McGlone stated that Bitcoin trades at a substantial discount.McGlone highlights several observations when…