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the market rate is wrong. in my opinion way wrong.
imo bitcoin has just begun it is a 130-year experiment and it's year 16.
in addition, look at the broader US markets they are down significantly since the inauguration and self-imposed trade barriers to the G7
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Generally agree with you. But the market price is the market price.
While I believe bitcoin is worth more than $500k/coin, the market will only give me $78k for that coin should I require trading my money for a car or a banana.
Hopefully over time, more people will understand bitcoin's value, but it increasingly looks like the market rate of increase in price is slowing dramatically cycle after cycle.