A House's Price in Bitcoin Has Fallen 90% Since 2020

A typical US house has gained more than $100,000 in value since 2020, according to Fidelity Digital Assets. But price that same property in bitcoin, and the picture flips: it's fallen from more than 50 BTC in 2020 to roughly 5 BTC today — a 90% drop over five years, CoinDesk reports.

Fidelity analyst Zack Wainwright frames it this way: "What appears to be appreciation in housing is more accurately a reflection of an erosion of fiat currency." In other words, the house itself didn't become a more valuable asset — the yardstick used to measure it, the dollar, lost value.

Context: US inflation has stayed above the Fed's 2% target for more than five years straight, and bitcoin itself has actually halved in price to $63,000 since October 2025 despite this comparison — meaning the math holds up even during a weak stretch for BTC, not at a cycle peak.

Against that backdrop, BlackRock reported more than $200 million in inflows into its IBIT bitcoin fund over the past week, while the real yield on 10-year Treasury Inflation-Protected Securities (TIPS) climbed to 2.30% — the highest since January 2025.

The upshot: bitcoin advocates use comparisons like this as an argument for an asset with a fixed 21-million-coin supply — their logic being that it reflects real purchasing power more honestly than a nominal price denominated in a currency that keeps getting printed. That doesn't erase bitcoin's own volatility — it's just a different frame for the same question.

This article is for informational purposes only and does not constitute investment advice.