New iPhone Costs 10 Times Less in Bitcoin Over Eight Years

After the September 9 presentation, the CoinGecko team calculated how many bitcoins were needed to buy iPhone Max models since the XS Max launch in 2018. Thanks to the rising BTC price, the cost of the smartphones in cryptocurrency has fallen almost every year.

The new iPhone 18 Pro starts at $1199 in the US, while the iPhone 18 Pro Max starts at $1299 — $100 more than last year’s models. Since September 2018, Bitcoin’s price has increased 11 times, from around $7000 to $77000 as of 15:40 MSK on September 10.

In 2016, an iPhone cost 1.1 BTC. Today, one bitcoin can buy 60 iPhone Pro Max units. Ten years ago, a smartphone cost more than one bitcoin; now one BTC buys dozens of devices.

Following the presentation, Apple shares dropped 2% and hit a low of $309.9 before the decline eased to 0.67% ($314.12). Crypto traders are actively trading Apple shares via perpetual futures on Hyperliquid, tokenized stocks on Robinhood Chain, bStocks on Binance, and xStocks on Solana.

Материал подготовлен по информации https://cryptonews.net/