According to Alex Thorne, head of research at Galaxy, Bitcoin, adjusted for inflation, is just shy of $100,000, despite reaching an all-time high above $126,000 in October.



In other words, the rising CPI has led to a decline in the purchasing power of the dollar, which has lost approximately 20% of its value since 2020.

Thus, the price peaked at $99,848.
BTC1.15%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)