When people talk about Bitcoin price, they usually refer to its price expressed in dollars. I really don't understand why...
US Dollar is going down in price, US economy is collapsing. There are many other countries which has more Bitcoin users, like Russia, China, Japan, Philippines and the whole Eurozone. Even ICOs are forbidden in the USA. It's not a so Bitcoin-friendly country, its national currency is not so strong. So why price Bitcoin in $?
There could be many other more appropriate currencies like EUR, CNY or RUB...
Wwhy compared bitcoins yes because they are both in the same thing because bitcoins is digital and us dollars are a physical thing and besides the dollars can only be used in the us if you are gonna used in in the other country you are gonna convert it. But bitcoins it can be used by a lot of other countries but only those who accept bitcoins as a paymemt and bitcoins are becoming as an investment while us dollars are not. Because bitcoins are volatile while cash are not so they are not comparable