According to Foresight News, former U.S. Commodity Futures Trading Commission member Chris Giancarlo recently discussed the changing relationship between Bitcoin and U.S. housing prices on Fox News. In 2018, the average American household could purchase a home for over $260,000, which was equivalent to more than 400 Bitcoins at that time. However, the current average home price has risen to over $460,000, yet it requires less than 5 Bitcoins to make such a purchase.

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