The Value of the U.S. Dollar Has Seen a 99.5% Decrease Compared to Bitcoin Over the Past Decade

According to reports, the U.S. dollar (USD) has maintained its strength as one of the most robust fiat currencies in recent memory. Over the past decade, the USD has outperformed 115 national currencies, including 17 from G20 member nations. Nevertheless, during the same 10-year period, Bitcoin (BTC) significantly outshone the United States' legal tender.

A Data sourced of BTC/USD price chart on Coinmarketcap, as analyzed by Bitcoin Times Cy, reveals that even the fiat currency of one of the wealthiest countries in history has struggled to preserve its value when compared to the leading cryptocurrency by market capitalization.

From September 30, 2013, to the corresponding date in 2023, the U.S. dollar experienced a staggering depreciation of 99.52% against Bitcoin. Remarkably, this also translates into a remarkable price appreciation of over 22,000% for BTC in relation to the USD.

BTCUSD 1W historic price chart from Coinmarketcap

Over the past decade, Bitcoin has demonstrated its remarkable ability to surpass the purchasing power of the United States dollar by a substantial margin. In doing so, BTC has emerged as an even more compelling currency option when compared to various other fiat currencies that have suffered significant depreciation relative to the USD.

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