Bitwise Executive Estimates Bitcoin Fair Value at $197,000

According to Bitcoin Magazine, André Dragosch of Bitwise stated that the fair value of Bitcoin is $197,000. Dragosch also noted a rule of thumb for 10-year U.S. Treasury yield risk: if yields rise by 80 basis points within 20 trading days, the market enters a danger zone. He emphasized that the speed of yield increases is more critical than absolute levels, suggesting that a stock market correction could prompt the Federal Reserve to adopt easing policies, potentially acting as a catalyst for a Bitcoin bull market.