news 
Bitcoin Beats Inflation Rate by 19%, Here’s Nuance About Bull Run: Samson Mow
According to renowned Bitcoin maximalist and CEO at JAN3, Samson Mow, Bitcoin has surpassed inflation rate by a staggering 19%. This significant achievement demonstrates the cryptocurrency’s resilience in the face of an increasingly uncertain economic environment. In his latest tweet, Mow highlighted the importance of this milestone, stating that it is evident that the Bitcoin bull market has not yet begun.
To put this impressive feat into perspective, Mow employed an illustrative example, drawing parallels between inflation and the price surge of eggs in 2021. Notably, Mow’s analogy emphasizes that real inflation rate stands at approximately 11%. By applying this metric to the ATH price from November 2021 ($68,789), it becomes clear that the adjusted 2021 high would be $100,000.
Concurrently, as Bitcoin reached $112,000 on Monday, it surpassed inflation by a considerable 19% (4.8% annually). In light of this development, Mow emphasized that the Bitcoin bull market has yet to commence.
Source: u.today
