ABYSS Index
← Back to the indexBitcoin MVRV: what it is and today's value
MVRV · BTC
1.10
near cost basis
MVRV (Market Value to Realized Value) is market cap divided by realized cap (the average price at which each coin last moved). Below 1 the aggregate market is at a loss (floor); well above, in extreme profit (top).
Formula: market cap ÷ realized cap.
How to read it
Below 1 price is under the market's average cost (floor); around 1-1.5 near cost basis; above 3.5 overvalued.
| Range | Zone |
|---|---|
| < 1 | undervalued (floor) |
| 1 – 1.5 | near cost basis |
| 1.5 – 2.5 | mid valuation |
| 2.5 – 3.5 | elevated |
| ≥ 3.5 | overvalued (top) |
See the full dashboard → Cycle overviewMethodology
Computed by ABYSS Index from our own Bitcoin node and reference price — freely redistributable. For educational purposes only. Not financial advice. Español