State-Owned German Bank Bayern LB Thinks Bitcoin is Outshining Gold

State-Owned German Bank Bayern LB Thinks Bitcoin is Outshining Gold

  • German bank Bayern LB published a report on bitcoin's stock-to-flow ratio, concluding the crypto-asset displays significant "hardness."
  • The report found a strong correlation between the market value for BTC and the stock-to-flow ratio, which is set to increase after next year's halving.

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