BTC all time high in USD!
(Edited)
But not in EUR
Over 109500 USD Bitcoin went today, a result of the regulations for stablecoins that were agreed lately. The crypto market really loves this agreement, especially because of the higher interest rates that can be given to stablecoin customers and banks will be able to offer stablecoin accounts.
All major moves for crypto, and this surely won’t be the end of the road for Bitcoin.
Interesting remark though, in EUR this isn’t an all time high, not by far. Today 96000 EUR was reached, but in January it was above 102000 EUR. That means that the Dollar has lost a lot of value since January!
Sincerely,
Pele23
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That's a really interesting observation! It's crazy how the same asset can tell such a different story depending on the currency. The surge in USD does look impressive, but the EUR perspective puts things in a whole new light. Definitely shows how much the dollar has been slipping lately. Also, these new stablecoin regulations might really reshape the landscape — both for users and institutions. Exciting times for crypto for sure! 🔥
Excellent observation
This really shows us how much currency fluctuations impact the valuation of the cryptocurrency market.
Great remark! Sometimes, it's the value of fiat currencies that's decreasing against these digital assets and really not the other way round.