Price and Value of Bitcoin Completely Decoupling, Says Morgan Creek’s Anthony Pompliano

Price and Value of Bitcoin Completely Decoupling, Says Morgan Creek’s Anthony Pompliano


Morgan Creek Digital co-founder Anthony Pompliano is assessing the state of Bitcoin (BTC) after the top crypto asset by market cap lost two-thirds of its value since reaching a new all-time high last November.

In a new interview with Fox Business, Pompliano explains how Bitcoin’s price drop represents a divergence from its actual value because the underlying fundamentals remain strong.

“We are watching a divergence. Price and value are completely decoupling right now for Bitcoin. What I mean by that is, price is down from a $69,000 high in November to around $23,000 today.

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But hash rate hit an all-time high today. The Bitcoin network has never been more secure than it is today. If you then go take a look at the Bitcoin wallet

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