Bitcoin's $100,000 Milestone Faces Inflation Adjustments

According to ChainCatcher, Bitcoin's price surge to $100,000 this year has been celebrated by the market. However, Alex Thorn, head of research at Galaxy, highlights that when adjusted for inflation based on the 2020 U.S. dollar purchasing power, Bitcoin's $100,000 value equates to only about $80,000 in 2020 terms. Since 2020, the U.S. Consumer Price Index (CPI) has risen from 258.8 to over 320, significantly reducing the dollar's purchasing power. To achieve a true $100,000 value in 2020 purchasing power, the market price would need to reach approximately $125,000. Bitcoin did approach this level at its peak in the 2025 cycle but subsequently fell by about 30%. Analysts suggest that Bitcoin's next significant milestone has been continually adjusted upward due to inflation, and investors should focus on actual purchasing power rather than nominal figures.