Market value to realized value estimate - gauges whether Bitcoin is over- or undervalued
Why: Market value to realized value ratio estimate. Values above 3.5 suggest overvaluation; below 1.0 suggests undervaluation.
Category: calculated. Derived metrics combine multiple data sources into single indicators. These are computed server-side so you get the interpreted signal without building the calculation yourself.
Source: Calculated (market cap / realized value). Updated: Hourly.
API: GET /api/metrics/mvrv-proxy