Bitcoin
$66,032.22+2.54%
Ethereum
$2,965.47-0.27%
Binance Coin
$574.01-0.79%
Solana
$161.33+5.56%
XRP
$0.51517373+0.93%
Toncoin
$6.65-4.89%
Dogecoin
$0.15118521-0.03%
Cardano
$0.45523362+2.31%
Shiba Inu
$0.00002458+2.17%
Avalanche
$34.30-0.33%
Tron
$0.12502638-0.69%
Wrapped Bitcoin
$66,026.33+2.75%
PlayIconNav
Crypto Prices CoinDesk 20 Index CoinDesk 20 Index
VolumeMuteUnmute

Bitcoin Is 'Significantly Undervalued Today': Off the Chain Capital CEO

Apr 29, 2024

Off the Chain Capital CEO Brian Dixon breaks down the recent price movements in bitcoin and explains why various models indicate that bitcoin is currently undervalued.

  • Up Next
    Crypto Update | Is Crypto Becoming a Mainstream Topic In US Elections?
    12:42
    Crypto Update | Is Crypto Becoming a Mainstream Topic In US Elections?
    May 15, 2024
  • Is the U.S. Economy in a Stagflation?
    15:40
    Is the U.S. Economy in a Stagflation?
    May 14, 2024
  • Bitcoin's Narrative 'Never Better': ZX Squared Capital Co-Founder
    12:38
    Bitcoin's Narrative 'Never Better': ZX Squared Capital Co-Founder
    May 13, 2024
  • Crypto Update | Bitcoin Outlook and BitMEX Options Trading
    16:51
    Crypto Update | Bitcoin Outlook and BitMEX Options Trading
    May 9, 2024
    • Hosts
    CoinDesk Staff
    CoinDesk Staff
    CoinDesk is the world leader in news, prices and information on bitcoin and other digital currencies. We cover news and analysis on the trends, price movements, technologies, companies and people in the bitcoin and digital currency world.
    Related Price
    View All
    | XBX

    Bitcoin Price Index XBX

    The CoinDesk Bitcoin Price Index (XBX) is the world’s leading reference for the price of bitcoin, used by the largest institutions active in crypto assets. It is the crypto market standard, benchmarking billions of dollars in registered financial products and pricing hundreds of millions in daily over-the-counter transactions. Built for replicability and reliability, in continuous operation since 2014, the XBX is relied upon by asset allocators, asset managers, market participants and exchanges. The XBX is the flagship in a portfolio of single- and multi-asset indices offered by CoinDesk.

    Learn more on

    CoinDesk Indices

    Logo of BTC
    BTC
    Bitcoin
    $66,032.22
    2.54%
    Logo of ETH
    ETH
    Ethereum
    $2,965.47
    -0.27%
    Logo of BNB
    BNB
    Binance Coin
    $574.01
    -0.79%
    Logo of SOL
    SOL
    Solana
    $161.33
    5.56%
    Logo of XRP
    XRP
    XRP
    $0.51517373
    0.93%
    Logo of TON
    TON
    Toncoin
    $6.65
    -4.89%
    Logo of DOGE
    DOGE
    Dogecoin
    $0.15118521
    -0.03%
    Logo of ADA
    ADA
    Cardano
    $0.45523362
    2.31%
    Logo of SHIB
    SHIB
    Shiba Inu
    $0.00002458
    2.17%
    Logo of AVAX
    AVAX
    Avalanche
    $34.30
    -0.33%

    Learn more about Consensus 2024, CoinDesk’s longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to coindesk.consensus.com to register and buy your pass now.

    Chevrone Right Icon
    Chevrone Right Icon

    Bitcoin Inches Closer to All-Time High; How AI Can Disrupt the Music Industry
    Bitcoin Inches Closer to All-Time High; How AI Can Disrupt the Music Industry
    Mar 4, 2024
    Crypto Regulation Update With Colorado Securities Commissioner; Elon Musk's Lawsuit Against OpenAI
    Crypto Regulation Update With Colorado Securities Commissioner; Elon Musk's Lawsuit Against OpenAI
    Mar 1, 2024
    How ALTAVA Digitizes Fashion With Technologies; Morgan Stanley's Spot ETF Evaluation
    How ALTAVA Digitizes Fashion With Technologies; Morgan Stanley's Spot ETF Evaluation
    Feb 29, 2024
    Bitcoin Surges Above $60K; Bitcoin ZK Rollup Citrea Raises $2.7M
    Bitcoin Surges Above $60K; Bitcoin ZK Rollup Citrea Raises $2.7M
    Feb 28, 2024
    Bitcoin, Ether Rally Continues; Earn Alliance CEO on the Future of Web3 Gaming
    Bitcoin, Ether Rally Continues; Earn Alliance CEO on the Future of Web3 Gaming
    Feb 27, 2024
    Bitcoin Surges Above $53K; Stacks Co-Creator on Layer 2 Developments
    Bitcoin Surges Above $53K; Stacks Co-Creator on Layer 2 Developments
    Feb 26, 2024
    What's Driving the Popularity of Ether Staking? Bitcoin Halving 101
    What's Driving the Popularity of Ether Staking? Bitcoin Halving 101
    Feb 22, 2024
    Spot Bitcoin ETFs Outlook in 2024; Can NFTs Make a Comeback?
    Spot Bitcoin ETFs Outlook in 2024; Can NFTs Make a Comeback?
    Feb 21, 2024
    Why Crypto Hacks Are Increasing in 2024; Major Ethereum Stories to Watch
    Why Crypto Hacks Are Increasing in 2024; Major Ethereum Stories to Watch
    Feb 20, 2024
    Bitcoin Flirts With $52K on Strong Spot ETF Inflows; Crypto Hacks Are on the Rise
    Bitcoin Flirts With $52K on Strong Spot ETF Inflows; Crypto Hacks Are on the Rise
    Feb 16, 2024