Bitcoin Yet to Beat 2021 High, Despite Dollar Highs

IconCrypto News Terminal24 Apr, 2024

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Bitcoin Yet to Beat 2021 High, Despite Dollar Highs

### Bitcoin Yet to Surpass Peak, Despite Inflation Renowned trader Peter Brandt recently stated that Bitcoin hasn't surpassed its all-time high set three years ago when considering inflation. He says Bitcoin's actual value is lower than its 2021 peak due to the increased purchasing power of consumers. While Bitcoin reached $73,750 in March, inflation has eroded its gains. Brandt emphasizes that BTC's actual price remains below its previous high. ### Previous News Summary - April 24, 2024: Peter Brandt claims that Bitcoin hasn't surpassed its 2021 peak due to inflation.