Mayer Multiple Creator Highlights Bitcoin's Economic Growth

The creator of the Mayer Multiple suggests that Bitcoin's increasing economic substance is leading to reduced volatility and attracting more substantial capital, according to CoinDesk. This development indicates a maturing market for Bitcoin, as its stability and appeal to investors continue to grow. The Mayer Multiple is a popular metric used to assess Bitcoin's price relative to its historical performance, and its creator's observations highlight the cryptocurrency's evolving role in the financial landscape.