Opinion: Considering inflation factors, Bitcoin has yet to break through $100,000

BTC1.38%
BlockBeats News, December 24 — Galaxy Research Director Alex Thorn stated that although Bitcoin hit a record high of over $126,000 in October, considering inflation factors, Bitcoin has not yet broken the $100,000 mark. Alex Thorn believes that from 2020 to now, the purchasing power of the Consumer Price Index (CPI) has declined year by year. Therefore, if Bitcoin's price is adjusted to 2020 dollars to account for inflation, Bitcoin's price has never exceeded $100,000.
Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.
Comment
0/400
No comments