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.
Common misinterpretation by some people to believe that Bitcoin is pegged with USD alone and do presume out that everything that do happen to dollar would have significant impact to Bitcoin
which is totally a wrong presumption or something that you would rely on.Bitcoin didnt lose its value, everything can happen with fiat but it doesnt really correlate nor connect itself with it.
It can stand alone with its own without being influenced on whats currently happening on the economy today and thats the beauty of bitcoin itself or to the entire crypto market.
We can presume but we cant pinpoint that it is exactly the thing that do happen.