Bitcoin’s price recently corrected from 87,241 USD to 81,331 USD, marking a decline of 6.8%. Despite the correction, key metrics illustrate that Bitcoin may be undervalued, indicating an 80,000 USD price could be beneficial.
The surge in Bitcoin’s hashrate to an all-time high reflects strong network confidence. Additionally, corporate investments, such as MARA Holdings aiming to secure 2 billion USD in stocks, further affirm the potential for Bitcoin’s growth.