Did bitcoin lose its value?
In the era of pandemic 2020, Federal Reserve Bank printed paper currency notes which ultimately decreased the value of us dollar USD. And in that period, Bitcoin btc was also stagnant and did not move much. So did bitcoin has losen its value with usd? If yes then similarly other fiat currencies like usdb, usdt etc. also lose their value with devaluation of us dollar.
Actually it's not a correct way to measure it. Even though Bitcoin has gone up since the beginning of 2020 but the US dollar hasn't gone down more than 6-7%. Movement in USD are too slow and long term you won't see it giving big shocks to bitcoin. Like to give impact to movement of USD bitcoin would just have to move from $10000 to $10500 and that also over a period of 7-8 months. While we see such movements every week so this relationship can't be adequately measured really.