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Bitcoin's fair value estimated at $224K amid rising sovereign debt risks, signaling deep undervaluation.

Market News
02 Jun 2026, 23:47 WIB
Crypto Briefing
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Bullish
Bitcoin's fair value estimated at $224K amid rising sovereign debt risks, signaling deep undervaluation.

Bitwise's new report values Bitcoin at around $224,000 using a credit default swap model that views it as a hedge against sovereign debt crises. Current Bitcoin prices near $108,000 suggest it is trading at less than half this theoretical fair value. The model highlights increasing global debt concerns, with governments needing to borrow $29 trillion in 2026 and rising bond yields signaling fiscal stress. If bond market turmoil prompts central bank intervention, Bitcoin could see significant gains, making this a key consideration for investors and institutional allocators.

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Alphabet's cloud revenue doubles with 103% growth; Gemini app hits 1B monthly users, challenging search dominance.

Alphabet's cloud revenue doubles with 103% growth; Gemini app hits 1B monthly users, challenging search dominance.

Alphabet reported a 103% increase in its cloud revenue last quarter, signaling strong growth in its cloud business. Additionally, the Gemini app reached 1 billion monthly users, highlighting its rapid user adoption. These developments suggest Google ...

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$6.52M Bitcoin long position liquidated on Binance at $65,220 on Nov 14

$6.52M Bitcoin long position liquidated on Binance at $65,220 on Nov 14

A single Bitcoin long position worth $6.52 million was liquidated on Binance's BTC perpetual-futures market at a price of $65,220 on November 14. This liquidation was a single event involving one position, not a combined total of multiple liquidation...

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XRP price drops 2.09% in one hour, down 8.89% over 24 hours with $6.74M long liquidations

XRP price drops 2.09% in one hour, down 8.89% over 24 hours with $6.74M long liquidations

XRP's price fell 2.09% in the hour ending 3:52 p.m. ET on Nov. 14, reaching $0.933 on Binance. Over the past 24 hours, XRP dropped 8.89%, reflecting significant market volatility. During the one-hour window, liquidations of long positions across Bina...

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Bearish
5 hours ago
Bitcoin long positions worth $11.28M liquidated as price drops 0.55% in one hour

Bitcoin long positions worth $11.28M liquidated as price drops 0.55% in one hour

Bitcoin experienced $11.28 million in long position liquidations within an hour ending at 3:52 p.m. ET on November 14, as its price fell by 0.55% from $65,648 to $65,285. Data from Binance, Bybit, and OKX show total liquidations of $11.52 million, in...

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5 hours ago
Ether longs worth $11M liquidated as price drops nearly 1% in one hour

Ether longs worth $11M liquidated as price drops nearly 1% in one hour

Ether (ETH) experienced $11.04 million in long position liquidations within a single hour ending at 3:52 p.m. ET on November 14, coinciding with a 0.89% price decline from $1,833 to $1,817. This liquidation data, collected from Binance, Bybit, and OK...

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5 hours ago
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