Bitcoin (BTC), the leading cryptocurrency, continues its remarkable bullish run, surpassing the $65,000 mark on Monday and inching closer to its all-time high of $69,000. Simultaneously, BTC has achieved a significant milestone against the Euro as economic concerns escalate across Europe. BTC Achieves Record Highs Against 14 G20 Currencies Despite previous skepticism from European authorities, Bitcoin has soared to an all-time high of $60,200 against the official currency of the European Union (EU). This achievement is noteworthy, considering the Euro’s recent depreciation against Bitcoin, as depicted in the chart below. On February 22, the European Central Bank (ECB) expressed doubts about Bitcoin’s potential as a global decentralized digital currency, citing its “limited use” for legitimate transactions. The ECB argued that Bitcoin had failed to live up to its initial promise of becoming a widely accepted payment or a reliable investment. It also highlighted the alleged “inconvenience, slowness, and high costs” of Bitcoin transactions. Related Reading: FLOKI Grows Over 300% As Memecoin Breaches $400 Million TVL – Details The ECB further raised concerns about the “history of price manipulation” and fraudulent activities associated with Bit ..
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