The ratio of market capitalization to GDP is also known as the Buffett indicator. In an interview with Forbes in December 2001, Warren Buffett said that the ratio is a useful tool for assessing the overall valuation of the stock market, where a range of 75–90% is reasonable; more than 120% say the stock market is overvalued.
▪️#BTC – $62 031 -0.7%.
▪️🔼 - #AXL , #AGIX , #BONK , #MANA
▪️🔽 - #TIA , #ALGO , #DOGE , #SHIB
▪️BTC #dominance - 54.43%.
▪️ #Altseason index 57
▪️Greed of #investors 79
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