99.9% decrease over 14 years! The cost of purchasing a new Apple iPhone with Bitcoin reaches a new low.

According to the latest data from CoinGecko, the price of Apple's new flagship iPhone 17, priced in Bitcoin (BTC) or Ethereum (ETH), is nearly half as cheap compared to last year's model. This is not a price cut from Apple, but rather because BTC and ETH have surged significantly over the past year, enhancing the purchasing power of Crypto Assets holders.

iPhone 17 Bitcoin price slashed

(Source: CoinGecko)

CoinGecko reports that currently, purchasing an iPhone 17 requires only about 0.0072 BTC, while last year the price of the iPhone 16 was 0.014 BTC, a decrease of nearly 50%.

Behind this change is the Bitcoin price soaring from last year's sale price of 57,049 USD to this round's 111,033 USD, nearly doubling. In other words, the rise in BTC price has directly lowered the cryptocurrency price tag of the iPhone.

Other new Apple products also benefit

This trend is not limited to the iPhone 17. The new iPhone Air is priced at approximately 0.0090 BTC, while the iPhone 17 Pro and Pro Max are priced at 0.0099 BTC and 0.0108 BTC, respectively.

Compared to last year, the prices of all new products have significantly decreased when priced in BTC, setting a new low for purchasing costs for users who hold Bitcoin over the long term.

Ethereum purchasing cost also significantly decreased

(Source: CoinGecko)

The situation of Ethereum is similar to that of Bitcoin. Currently, purchasing an iPhone 17 only requires 0.1866 ETH, while last year the iPhone 16 required 0.3386 ETH, also a decrease of nearly 50%.

The price of ETH has increased from $2,359.57 to $4,282.40 over the past year, with a rise of more than 80%, significantly enhancing the purchasing power of Ethereum holders.

14-Year Long-Term Trend: BTC Purchase Cost Drops to 1/1000

(Source: CoinGecko)

This is not the first time that the surge in Crypto Assets has reshaped the affordability of the iPhone. In 2011, the iPhone 4S was sold for $649, equivalent to 162 BTC (at that time the price of BTC was only about $4).

Today, even though the price of the iPhone 17 reaches 799 USD, the required Bitcoin is less than 0.008 BTC, and the amount of BTC needed to purchase a device has decreased by 99.9% over the past 14 years.

Ethereum has shown a similar trajectory: in 2015, a $649 iPhone required about 876 ETH, while today a new iPhone only requires less than 0.2 ETH.

Conclusion

As the prices of Bitcoin and Ethereum continue to reach new highs, the advantages for holders when purchasing high-priced consumer goods become increasingly evident. For long-term investors, this not only reflects the appreciation of assets but also highlights the changes in the purchasing power of crypto assets in real consumption. If BTC and ETH continue to rise in the future, flagship iPhones may become even "cheaper" for crypto investors.