Photo: CFOTO / NurPhoto via AFPBitcoin's value has dropped by about half - but are investors who buy the currency now really getting a bargain? Unlike shares in listed companies, Bitcoin does not generate income, cash flows, or dividends that can be used to estimate an intrinsic/fundamental value. Recent research shows it moves in tandem with stock markets, meaning global uncertainty tends to hurt rather than help its value. "In general, movements in Bitcoin's price are highly volatile and difficult to predict in the short term. This means rising global uncertainty tends to weaken rather than strengthen Bitcoin's value.

Source: New Zealand Herald February 10, 2026 17:48 UTC