Inflation-adjusted BTC price still below $100K despite nominal record

Although Bitcoin reached a nominal all-time high of $126,000, its real value adjusted for inflation has not yet surpassed $100,000, according to an analysis reported by Cointelegraph. Alex Thorn, Head of Research at Galaxy Digital, explained that after applying the Consumer Price Index (CPI) benchmarked to 2020, Bitcoin's real all-time high stands at $99,848. This figure was calculated by adjusting the BTC price to account for the decline in purchasing power, based on monthly CPI data released from 2020 to the present. The U.S. dollar's real purchasing power has fallen by approximately 20% since 2020, while the unadjusted CPI has increased by 2.7% over the last 12 months.