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Has Bitcoin’s Value of $20,000 Remained Unchanged for 6 Years with Inflation Adjustment? 👀 Bitcoin's #value has remained at $20,000 for 6 years after adjusting for inflation. Despite reaching highs of $69,000, considering #inflation , $20,000 worth of BTC purchased in 2017 is now valued at $24,942. This stability prompts questions about Bitcoin's role as a store of value. The upcoming Jackson Hole Economic Symposium is anticipated to impact #BTC 's price status. Uncertainty looms due to U.S. inflation concerns and Federal Reserve policy. The BTC/USD order book indicates potential for rapid shifts. #Binance #crypto2023

Has Bitcoin’s Value of $20,000 Remained Unchanged for 6 Years with Inflation Adjustment? 👀

Bitcoin's #value has remained at $20,000 for 6 years after adjusting for inflation.

Despite reaching highs of $69,000, considering #inflation , $20,000 worth of BTC purchased in 2017 is now valued at $24,942. This stability prompts questions about Bitcoin's role as a store of value.

The upcoming Jackson Hole Economic Symposium is anticipated to impact #BTC 's price status. Uncertainty looms due to U.S. inflation concerns and Federal Reserve policy. The BTC/USD order book indicates potential for rapid shifts.

#Binance

#crypto2023

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