Bitcoin’s $224K ‘fair value’ may emerge if sovereign debt fears deepen: Bitwise

60-second summary

Bitcoin's fair value is estimated at $224,000 by a sovereign default-risk model, suggesting a potential long-term investment case. Rising debt risks and bond-market stress could strengthen this asset's appeal, as investors seek safe-haven alternatives. This estimate is based on the model's analysis of sovereign debt dynamics and its potential impact on Bitcoin's value, implying a significant upside for the cryptocurrency.