
Published by
Benzinga
Benzinga
In November 2021, when Bitcoin (CRYPTO: BTC) reached its all-time high of $67,617.02, the most valuable purchase that could have been made with a single BTC was the 2021 Tesla (NASDAQ:TSLA) Model Y, priced at $62,190.00. What Happened: According to research from Coingecko, back in 2014, when 1 BTC was worth $465.00, purchasing a car would have been out of reach. 2017 marked the year when 1 BTC was enough to purchase a new car, specifically the 2017 Honda HR-V, which won accolades in the subcompact SUV category. Fast forward to November 2021, and 1 BTC could have bought the 2021 Tesla Model Y. …