In this week's Glassnode Clips, we focus on NVT Price:

- The NVT price model is used to estimate Bitcoin's fair value, highlighting its economic relevance by comparing market cap to transaction volume.
- In its analysis, the model concentrates on economically meaningful transactions, filtering out internal exchange movements and wallet transfers to enhance the accuracy of its insights.
- Recent observations from the NVT price model reveal a mismatch between Bitcoin's price rise and transaction volume, indicating rapid price increases, with a noticeable uptick in transaction activity starting from October, coinciding with an influx of new capital into the Bitcoin market.

Discover more in the latest Glassnode Clips below 👇
https://www.youtube.com/watch?v=DBgdfVaM7g0