The price of Bitcoin has surged over the years, sharply increasing its purchasing power. As a result, the value of goods priced in Bitcoin has dropped dramatically. A clear example is the iPhone.
In 2011, an iPhone 4 cost 162 BTC. Today, the situation looks very different. A new iPhone can be bought for only a fraction of a single Bitcoin. But how many XRP would it take to buy one?
Bitcoin’s early years saw its price hovering in the single digits. As the cryptocurrency gained adoption and surged in value, the cost of major items like an iPhone fell in BTC terms.
The iPhone’s price in Bitcoin has dropped by nearly 20,000 times due to Bitcoin’s appreciation. Today, if one iPhone is valued at $1,000 and Bitcoin trades at $111,952, the cost would be 0.0089 BTC. For the newly announced iPhone 17, the price would be around 0.0072 BTC or 0.1866 ETH.
XRP’s purchasing power is far lower than Bitcoin’s. At its current price of $2.95, it would take around 338 XRP to buy a $1,000 iPhone.
While XRP does not yet match Bitcoin’s strength, analysts maintain a bullish outlook. They expect moderate gains in the token’s price, though not the dramatic surges seen in Bitcoin’s history.
XRP is the third-largest cryptocurrency with a market cap of $176.67 billion. Ethereum ranks second with $522.22 billion. Bitcoin leads the market with $2.23 trillion. The wide gap shows just how dominant Bitcoin remains, even as other tokens like XRP continue to grow.
CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.
All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.
Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.
STX price staged a sharp intraday recovery, climbing close to 18% after weeks of persistent…
Dubai is taking a big step toward the future of digital assets. Billiton Diamond and…
As the Epstein files continue to be released, new claims are surfacing almost every day,…
Bitcoin’s fall toward the $75,000 level did not come as a surprise to analysts. The…
Elon Musk’s AI company xAI is hiring crypto specialists to train its AI on trading…
ING Deutschland, one of Germany’s largest retail brokers, has opened up new ways for ordinary…
