Bitcoin's Real Peak: A Closer Look

Bitcoins nominal peak of over one hundred twenty-six thousand dollars in October was debunked by Galaxy Digitals Alex Thorn, who adjusted for inflation using two thousand twenty dollars as the baseline. The real peak was ninety-nine thousand eight hundred forty-eight dollars. This revelation has sparked debate in crypto circles, with bulls arguing it shows the recent rally isnt as overheated, and bears questioning Bitcoins role as an inflation hedge.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.