Bitcoin's iPhone Ratio Crashed 99.99% Since 2011: Here's How Much 1 iPhone Cost Back Then

Benzinga

Bitcoin's iPhone Ratio Crashed 99.99% Since 2011: Here's How Much 1 iPhone Cost Back Then

Apple ) unveiled the $2,000 foldable iPhone Duo Tuesday.But the real story for crypto is that one Bitcoin now buys 60 iPhones versus just 0.9 in 2016.How the BTC-iPhone Ratio Tells Bitcoin’s StoryWidely-followed market commentator Master of Crypto posted the full history of how many Bitcoin an iPhone has cost since 2011.The numbers tell the story of Bitcoin’s appreciation better than any price chart.Where one Bitcoin bought you 1.1 iPhones in 2016, one Bitcoin now buys 60 iPhone Pro Maxes.The full ratio breakdown:YeariPhone ModelBTC Price2011iPhone 4S156 BTC2014iPhone 61.6 BTC2017iPhone 80.19 BTC2021iPhone 130.019 BTC2025iPhone 170.0069 BTC2026iPhone 18 Pro~0.015 BTCHow Crypto Companies Reacted to the LaunchCoinbase ) posted an image of the new iPhone Duo unfolded with a massive Bitcoin monthly candle displayed across the screen, captioning it: “Finally, a phone that fits last month’s candle.”Meanwhile, Gemini confirmed its services are compatible with Apple’s new smartphone, though stopped short of announcing a dedicated integration.Former Binance CEO CZ also posted on X that the iPhone Duo is “pretty good for charting.”What Apple Actually LaunchedApple unveiled three major products Tuesday at its annual launch event in Cupertino under new CEO John Ternus, who took over from Tim Cook on Sept 1:DeviceStarting PriceKey FeatureAvailableiPhone Duo$2,000First foldable iPhone, 7.6-inch inner displayOctober 23iPhone 18 Pro$1,20036-hour battery, A20 Pro chipSeptember 18iPhone 18 Pro Max$1,30045-hour battery, A20 Pro chipSeptember 18Analyst Vadim Yuryev flagged leaked Geekbench scores on X showing the A20 Pro chip hitting a single-core score of 4,725, beating even Apple’s own M5 Max at 4,337 and up sharply from the A19 Pro’s 3,771. Read Also: Apple Watch Is Winning in a Shrinking Market Image: Shutterstock