If bitcoin mania spreads like a disease, Barclays thinks the fever has broken

What is bitcoin worth? This was the question on many minds as the cryptocurrency’s price soared last year, and has remained a puzzler as Lamborghini-coveting investors have watched the rally run out of gas in recent months. Researchers from Goldman Sachs, as well as Nobel prize-winning economist Robert Shiller, have warned about the futility of trying to value the digital asset with traditional means.

However, analysts at Barclays think they have a useful method for tracking bitcoin...

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