Bitcoin Hits All-Time Highs In Euro, British Pounds: 'Like Gun Powder, It's Not Optional' Experts Say
Portfolio Pulse from Khyathi Dalal
Bitcoin (BTC) reached new all-time highs in euros and British pounds, trading as high as EUR61,558.63 and GBP52,607.2, respectively. Its market capitalization is now $1.3 trillion, with the global cryptocurrency valuation at $2.47 trillion. The European Central Bank criticized Bitcoin, calling it prone to fraud and manipulation, and lacking fair value. Despite this, Bitcoin's performance against major currencies continues to strengthen, with anticipation building for it to reach new highs against the U.S. dollar.
March 04, 2024 | 5:52 pm
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Bitcoin reached new all-time highs in euros and British pounds, with its market cap now at $1.3 trillion. Despite criticism from the ECB, it continues to show strong performance.
Bitcoin's new all-time highs in major currencies and its growing market capitalization indicate strong momentum. Despite regulatory criticism, its performance suggests potential for continued appreciation, especially with anticipation for new highs against the USD.
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