Home » This is how many Big Macs you can buy with 1 BTC
Bitcoin News

This is how many Big Macs you can buy with 1 BTC

This is how many Big Macs you can buy with 1 BTC

Measured in Massive Macs, Bitcoin’s (BTC) buying energy is approaching its highest degree because the 2017 bull market, providing one more indicator of the digital forex’s fast appreciation.

The worldwide Bitcoin buying energy index, or PPI, which measures what number of McDonald’s Massive Mac hamburgers you should buy with 1 BTC, rose 0.2% to six,341.26 on Wednesday. Put otherwise, on common globally, a complete Bitcoin should buy you 6,341.26 Massive Macs.

In the USA, based mostly on present costs for each, you may get 3,274.91 Massive Macs for 1 Bitcoin.

Information from Bitcoinppi.com

The final time Bitcoin’s buying energy was this excessive was through the 2017 bull market, when the digital forex peaked close to $20,000. On Dec. 17, 2017, 1 Bitcoin was value 6,358.5 Massive Macs. In the course of the depths of the 2019 bear market, the Bitcoin PPI reached the low 1,200s.