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Bitcoin Inflation Adjustment Shows Peak Below $100K

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Bitcoin Never Surpassed $100,000 in Real Terms: Galaxy Digital's Alex Thorn
Key Takeaways:
  • Main event, leadership changes, market impact, financial shifts, or expert insights.
  • Bitcoin’s peak adjusted price remains below $100,000.
  • New forecast reflects slower growth in Bitcoin’s maturity era.

Bitcoin, adjusted for inflation to 2020 dollars, has not surpassed $100,000, peaking nominally at $126,000. This reflects a 20% decline in dollar purchasing power, noted by Alex Thorn of Galaxy Digital.

Alex Thorn, Head of Research at Galaxy Digital, acknowledged Bitcoin’s adjusted peak never surpassed $100,000 despite a nominal high of $126,000.

“If you adjust the price of Bitcoin for inflation using 2020 dollars, BTC never crossed $100,000. It actually topped at…” — Alex Thorn, Head of Research, Galaxy Digital, Galaxy Digital Weekly Report.

Alex Thorn’s announcement draws attention to Bitcoin’s purchasing power following a decline in the U.S. dollar since 2020. The statement highlights a potential mismatch between nominal prices and actual value.

This analysis considers a 20% decline in U.S. dollar value since 2020.

The statement highlights Bitcoin’s response to inflation, underscoring a $20 billion flash crash and subsequent market reactions impacting price forecasts. The adjusted figure initiated comprehensive market scrutiny across financial circles.

Financial implications of this analysis position Bitcoin’s capacity for true market valuation. Galaxy Digital altered its BTC forecast accordingly, reducing its 2025 target in response to maturing growth rates. Predictions now align with a new high at $120,000.

Analysts point to Bitcoin’s historical trends and inflationary effects on its nominal valuation. The lack of direct correlation with ETH or altcoins emphasizes Bitcoin’s unique market position. Galaxy forecasts a $250,000 price by 2027, contingent upon these insights.

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CoinLineup Editorial Team

The CoinLineup Editorial Team comprises experienced financial analysts and cryptocurrency researchers dedicated to delivering accurate, timely market intelligence. Our editors verify all data against primary sources including SEC filings, central bank reports, and on-chain analytics before publication.

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