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Benzinga
Benzinga
Business
Samyuktha Sriram

'Undervalued' Ethereum Could Hit $9,000: Bloomberg Analysts Spell Out Bull Case For Merge

An "undervalued" Ethereum (CRYPTO: ETH) could close the valuation gap as the Merge approaches, Bloomberg analysts have said.

What Happened: In a recent Crypto Outlook report from Bloomberg Intelligence, analysts applied a discounted cash flow (DCF) model to the world’s second-largest cryptocurrency.

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