Bitcoin

Bitcoin price reached an all-time high against numerous world currencies

Bitcoin (BTC) is only a few thousand dollars away from its all-time high, nearly $ 20,000. While much of the cryptocurrency industry is watching the price development of Bitcoin in US dollars, BTC has already achieved record prices compared to many other world currencies.

In a tweet on October 22nd Alistair Milne mentioned seven countries where bitcoin had already hit its all-time highs relative to those counties’ native fiat currencies. In the same Tweetsaid Colombia and Russia would soon join the list.

Bitcoin recently passed its all-time high against the Russian ruble earlier this month. The asset also broke its record against the Colombian peso a few weeks ago, completing the list, with the exception of its final comment on the tweet. it predicted that “all other fiat currencies” would follow suit.

Bitcoin price reached an all-time high against numerous world currencies
Bitcoin price reached an all-time high against numerous world currencies

In US dollars, Bitcoin has exploded in the past few weeks. There is little space between the price at press time of $ 17,267 and the famous $ 20,000 level.

Bitcoin hit an all-time high of 62,102,236 Colombian pesos in the past 24 hours. The previous high in 2017 was 58,826,376. The peso first broke this level on November 6, 2020, hitting 59,543,988 before falling back.

The top crypto asset also surpassed its highest price level to date when compared to the Brazilian real, Turkish lira, Argentine peso, Sudan pound, Angolan kwanza, Zambian kwacha, and Russian ruble, as evidenced by the information on the Xe -Data page confirmed.

Venezuela, however, provides charts for two major bolivar currencies: VES and VEF. The sovereign Bolívar (VES) became known in the country in 2018. The VES replaced the Venezuelan Bolívar Fuerte (VEF). VES shows Bitcoin at record prices. VEF not, although Bitcoin has continued to climb the charts.

Venezuela has received notable acceptance of Bitcoin after the region was hit by massive inflation.

Similar Posts