It’s not the Bitcoin increased in value as much as it is that the dollar decreased in value due to the Feds printing funny money and the Uniparty spending money they don’t have while chasing out businesses.
Not sure about that.
But it certainly impacts on valuation.
Bitcoin is also rising in other currency valuations.
Several years ago we purchased fancy new electric bikes for the both of us for 1 BTC. Today, we can buy a new electric car for the same amount. So, not too sure about that.