Great question. I think generally speaking, MVRV is compressing as Bitcoin gets larger, slower, and harder to move (less extremes, more normal). Given futures and C&C trades are a part of this growing up and a feature that adds liquidity and dampens volatility, you could argue these are linked. So yes in a way, but not necessarily the driving force.
Great question. I think generally speaking, MVRV is compressing as Bitcoin gets larger, slower, and harder to move (less extremes, more normal). Given futures and C&C trades are a part of this growing up and a feature that adds liquidity and dampens volatility, you could argue these are linked. So yes in a way, but not necessarily the driving force.
Great question. I think generally speaking, MVRV is compressing as Bitcoin gets larger, slower, and harder to move (less extremes, more normal). Given futures and C&C trades are a part of this growing up and a feature that adds liquidity and dampens volatility, you could argue these are linked. So yes in a way, but not necessarily the driving force.