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

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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Adam Owen

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