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.
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