Bitcoin Trades Near Fair Value as Analyst Sees Potential Bottom, Robinhood Weighs Balance Sheet Move

Bitcoin’s price is nearing its fair value of around $98,000, with minimal speculative premium. This suggests a normalizing market sentiment and potentially signals the beginning of a cyclical bottom in the crypto market. Meanwhile, Robinhood may be considering adding crypto to its balance sheet for improved credibility and financial efficiency, but faces potential volatility, regulatory hurdles, and accounting challenges.