Bitcoin breaches ATH against euro and pound

Bitcoin’s unstoppable rally in recent weeks has led to new ATHs in many local currencies, while today’s $67,000 level also achieved a record break in the euro and sterling, which are among the world’s strongest currencies.

Bitcoin breaches ATH against euro and pound

Bitcoin, which broke records in many currencies in a row, from the Turkish lira to the Australian dollar, from the Japanese yen to the South Korean Won, also saw ATH in the world’s strongest currencies. The biggest cryptocurrency broke records in Euros and British pounds today.

The $67,000 level in dollars accelerated the rises in the euro and pound. Bitcoin reached the highest level in history in these currencies with 60,400 euros and 51,735 pounds.

Only in terms of dollars, Bitcoin has not yet surpassed its ATH.

Bitcoin reached its peak at $69,000 in November 2021. At that time, there was a serious ETF craze like the period we are currently in. The SEC, known as the “SEC of the US”, approved Bitcoin futures ETFs. After the $69,000 peak, the largest cryptocurrency experienced a gradual decline and serious declines came with the Fed’s currency restriction policy. In June 2022, the collapses started by the Terra LUNA crash brought the price down to $17,000, and in December of the same year, with the FTX bankruptcy, it fell to $15,000.

Bitcoin is currently trading about 13x higher than the low it hit during this FTX bankruptcy period. In terms of major currencies, the only currency where Bitcoin has not broken any records is the US dollar.

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