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News Explorer — Should Bitcoin's Next All-Time High Price Target be Adjusted for Inflation?

Generated by AI, curated by humans


Feb 22, 12:31 pm
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Should Bitcoin's Next All-Time High Price Target be Adjusted for Inflation?

As Bitcoin approaches its all-time high, there are debates about whether the target should be adjusted for inflation. The U.S. Bureau of Labor Statistics' CPI inflation calculator suggests that the real target for Bitcoin's all-time high would be closer to $75,000 if that were taken into consideration, rather than the roughly $69,000 peak set in 2021. Despite the fluctuations, Bitcoin is still seen as an inflation hedge and is expected to rise in price due to factors such as spot Bitcoin ETFs and the development of layer-2 solutions.

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