Post
Topic
Board Economics
Re: BTC ATH in local currency
by
GreenStox
on 04/03/2024, 12:29:11 UTC
Well, I saw the news on several social media, they said Bitcoin's ath against local currency had been passed from the last year in 2021.
it indicates weakness of fiat against the usd currency, and against bitcoin.
Currently even though Bitcoin hasn't reached 69k$ but everyone is very happy, yes that's because the exchange rate against their currency is rising, even though in reality it's bad news because their currency is dropping very drastically.