_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 the best bitcoin exchange124 bityard com 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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_bitcoin-reached-an-all-time-high-but-what-is-its-price-when-adjusted-for-inflation-here-are-the-real-numbers.webp "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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_bitcoin-hits-new-all-time-high-of-3671726-as-uk-financial-authority39s-green-light39s-crypto-etns.webp "Bitcoin's price briefly soared to a new all-time high of $72,211.51 before slightly retracting to below $71,530.13 in Monday's trading after the UK Financial Conduct Authority said it would allow crypto exchange-traded notes. The FCA said it will not object to crypto ETNs for professional investors, unsecured debt securities linked to an index or benchmark that promise to pay the full value at maturity minus fees. The move follows U.S. approval of the first bitcoin ETFs. The FCA reiterated its 2020 ban on retail sales of crypto ETNs and derivatives due to consumer harm from volatility and financial crime risks.")
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