Bitcoin's iPhone Ratio Soars 99.99% Since 2011 as Foldable iPhone Duo Hits Markets

Apple's recent unveiling of its $2,000 foldable iPhone Duo has sparked excitement in various sectors. However, for crypto enthusiasts, this event serves as a reminder of Bitcoin's remarkable appreciation over the years.

A tweet by Master of Crypto highlighted the 'iPhone Ratio,' which measures how many iPhones one Bitcoin can buy since 2011. The results are striking: while one Bitcoin could buy only 0.9 iPhones in 2016, it now buys an astonishing 60 iPhone Pro Maxes.

As Apple's new flagship phone hits store shelves, crypto companies like Coinbase and Gemini have taken notice. Coinbase celebrated the launch with a tongue-in-cheek post featuring a massive Bitcoin monthly candle displayed across the new iPhone Duo screen, while Gemini confirmed its services are compatible with Apple's latest smartphone.

Former Binance CEO CZ also chimed in, praising the iPhone Duo as 'pretty good for charting.' The real story, however, lies in the dramatic rise of Bitcoin's value over the years, as evident from the iPhone Ratio.