How to find bitcoin and other crypto asset ‘fundamentals’: Goldman Sachs

Bitcoin cryptocurrency coins and a PC motherboard are pictured in Kyiv on 19 July, 2021.  (Photo by STR/NurPhoto via Getty Images)

Bitcoin cryptocurrency coins and a PC motherboard are pictured in Kyiv on 19 July, 2021. (Photo by STR/NurPhoto via Getty Images)

Valuing a cryptocurrency is not nearly as simple as valuing a stock. A stock is a piece of a company, and you can look at what the company owns and its revenue, costs, profits, and trends to determine some sort of estimate of its worth.

For crypto, it’s far more nebulous since coin values aren’t usually connected to revenues, profits, or any of the usual…


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