Bitcoin's recent drop has run further than institutional flow data justifies, with spot price near $63.8K sitting well below the model's flow-implied fair value closer to $87.7K. It points to a market that may have over-corrected relative to how institutional capital is actually positioned.

How to buy Bitcoin with PayPal is straightforward on the surface - but the process works differently depending on which method you use, and the differences in cost, ownership, and tax exposure are significant enough to matter before you make your first purchase.

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