Significant Reduction in iPhone 17 Launch Price Amidst Surging Bitcoin Value
Recent findings unveil that the launch price of the iPhone 17 has seen a staggering reduction of 48.6 percent in terms of Bitcoin compared to its predecessor, indicating a seismic shift in cryptocurrency’s purchasing power.
A comprehensive analysis conducted by CoinGecko reveals a remarkable decrease in the Bitcoin required to procure the newly launched iPhone 17.
Despite Apple retaining the iPhone 17’s launch cost at $799, the cryptocurrency equivalent plummeted nearly in half when compared to last year’s iPhone 16.
The CoinGecko research identifies the current price of the iPhone 17 at approximately 0.0072 Bitcoin, a substantial drop from the 0.0140 BTC that the iPhone 16 commanded in 2024.
This drastic price alteration occurs alongside a nearly twofold increase in Bitcoin’s value during the same period, surging from around 57,000 to surpassing 111,000.
The study meticulously tracked iPhone prices in both Bitcoin and Ethereum over a decade, elucidating how the ascent of cryptocurrency has redefined purchasing power.
iPhone 17 Reflects Notable Bitcoin Price Decline
The pricing of the iPhone 17 at a mere 0.0072 BTC, in contrast to the 0.0140 BTC of the iPhone 16, showcases an extraordinary downward trend.
This decline signifies a commendable surge in Bitcoin’s valuation, given that the dollar price of the phone remained stable. Consequently, consumers find themselves expending significantly less cryptocurrency to secure Apple’s latest innovation.
This trend is equally observable across the iPhone 17 variants. The Air model, priced at $999, now translates to a cost of 0.0090 BTC.
The Pro and Pro Max models, which retail for $1,099 and $1,199, respectively, come in at 0.0099 BTC and 0.0108 BTC. This significant reduction offers a fresh perspective on asset value within the realm of cryptocurrencies.
Ethereum’s Purchasing Power Ascends
Ethereum follows suit, as the iPhone 17 is priced lower than the iPhone 16 at 0.1866 ETH and 0.3386 ETH, respectively, marking a notable 44.9 percent decrease. The value of ETH has surged approximately 84 percent over nearly two years, escalating from around 2,360 to 4,280.
The iPhone Air is available for 0.2333 ETH, whereas the Pro and Pro Max models retail at 0.2567 ETH and 0.2800 ETH, respectively.
This study by CoinGecko meticulously tracked the prices at the launch of each iPhone generation, offering insights into the fluctuations of USD against BTC and ETH.
The investigation reveals that earlier models, like the iPhone 4S, necessitated 162.25 BTC in 2011, while the iPhone 17 now commands less than a hundredth of a Bitcoin.
Growing Cryptocurrency Value Dramatically Reduces Smartphone Costs in Crypto
This evolving trend signifies an uptick in the purchasing power of cryptocurrencies over time. First-generation iPhones commanded exorbitant amounts of Bitcoin and Ethereum at their inception, which now appear inconsequential.
With Bitcoin prices soaring, the quantity of tokens required to acquire equivalent products has diminished significantly.
The analysis showcases that between 2011 and 2025, the price of iPhones in USD increased by a mere 23 percent, while the Bitcoin required for purchase has plummeted by almost 100 percent.
This parallel decrease in Ethereum pricing is also approaching the same threshold, underscoring a potential stabilization and enhancement of real value in the cryptocurrency landscape.
Source link: Livebitcoinnews.com.
