After dropping from over $64,000 in April to under $30,000 in July, Bitcoin has once again rallied to reach all-time highs at the new price of $66,975.
With that new high we thought it would be interesting to look at the numbers and see just how valuable Bitcoin now is.
Bitcoin higher than average American salary
At the time of this writing (October 25th) one Bitcoin is currently $11k higher than the average American annual salary, meaning the time for average people to accumulate Bitcoin has surely passed.
And with Ethereum now hovering around $4,200 per unit, the average American salary is worth just 12.4 units of Ethereum.
Let’s see how these currencies finish the year.