_bitcoin-reached-an-all-time-high-but-what-is-its-price-when-adjusted-for-inflation-here-are-the-real-numbers.jpg "Bitcoin Reached an All-Time High, But What Is Its Price When Adjusted For Inflation? Here Are the Real Numbers from its me kida Video Screenshot Preview")
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✓ Published: 08-Mar-2024
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✓ Published: 08-Mar-2024
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Bitcoin's all-time high price of $69,325 has not surpassed its inflation-adjusted high set in November 2021. When accounting for inflation, bitcoin would need to reach $78,905.45 to match the value of its 2021 all-time high. However, Bitcoin is still worth significantly more than in its early years when its value was negligible or just reaching parity with the US dollar. The US dollar index has risen nearly 11% since Bitcoin's last all-time high, decreasing the purchasing power of many global currencies.
Bitcoin's all-time high price of $69,325 has not surpassed its inflation-adjusted high set in November 2021. When accounting for inflation, bitcoin would need to reach $78,905.45 to match the value of its 2021 all-time high. However, Bitcoin is still worth significantly more than in its early years when its value was negligible or just reaching parity with the US dollar. The US dollar index has risen nearly 11% since Bitcoin's last all-time high, decreasing the purchasing power of many global currencies.
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