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Ethereum’s ‘capitulation’ suggests ETH price is undervalued: Fidelity report

cryptoweekly by cryptoweekly
April 29, 2025
in bitcoin, News
0

Analysis from Fidelity Digital Assets says that multiple onchain metrics point to ETH price bottoming and being undervalued.

Key Takeaways:

Fidelity Digital Assets’ report said that multiple Ethereum onchain metrics suggest ETH trades at a discount.

The BTC/ETH market cap ratio is at mid-2020 levels.

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Recent Posts
  • Crypto tax evaders to face fines in the United Kingdom
  • $8.6B Bitcoin whale transfer shows no signs of sell-off: Arkham
  • Secret Service seizes $400M in crypto, cold wallet among world’s largest
  • Taxing Bitcoin ‘doesn’t make a ton of sense’ — Fund manager
  • Dogecoin set for rebound? Ripple eyes US banking license: Hodler’s Digest, June 29 – July 5
  • Drake mentions Bitcoin in new song 'What Did I Miss?'
  • Mercado Bitcoin announces tokenization of $200M in RWAs on XRPL

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