Fidelity Digital Assets says U.S. home prices fell 10x in Bitcoin terms since 2020
The firm said the average U.S. home price rose by $100,000 over the period, highlighting how Bitcoin’s appreciation can outpace gains in traditional asset prices.
BTC
Fact Check
Multiple sources, including Fidelity Digital Assets' own LinkedIn statement ('priced in bitcoin, that same home is roughly 10x cheaper'), the originating Bitcoin Magazine post, Crypto Briefing, and Pluang, all report the same finding: U.S. home prices rose over $100,000 in USD since 2020 but declined roughly 10x (~90%) when measured in Bitcoin. This directly matches both the 10x-decline figure and the ~$100,000 USD increase in the claim.
Summary
Fidelity Digital Assets said the average U.S. home cost in the United States has increased by $100,000 since 2020, but that the same homes have become 10x cheaper when measured in Bitcoin terms. The comparison underscores how pricing assets in Bitcoin can produce a very different picture from dollar-based valuations when the token appreciates sharply over time.
Terms & Concepts
- Fidelity Digital Assets: Fidelity’s digital asset-focused business unit.
- Bitcoin terms: An asset price measured in Bitcoin rather than dollars.