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24 February 2021

Pricing Gold, Food, and Altcoins With the BTC Denominator: How to Measure an Asset's Worth in Bitcoin – Bitcoin News

Pricing Gold, Food, and Altcoins With the BTC Denominator: How to Measure an Asset's Worth in Bitcoin – Bitcoin News


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On February 21, bitcoin touched a lifetime price high at $57,844 per unit after the crypto asset’s market valuation crossed the $1 trillion zone for the first time in history the day prior.

Meanwhile, a number of digital assets have seen fiat values increase as coins like litecoin, ethereum, and others gather gains against the U.S.

The crypto asset bitcoin (BTC) has seen phenomenal gains and a lot of other digital currencies have seen price increases as well.

dollars or euros, but things look a whole lot different when other crypto assets are priced against or with BTC.

Now even though ether has seen decent gains against the U.S.

Bitcoin’s price at the time was around a third of what it is today, while ether’s value was closer to where it was back then albeit a touch higher.

Back in the day when a single coin crossed parity with a single Federal Reserve note ($1), it was a milestone.

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