- Bitcoin hits new all-time high prices in more than 30 countries just before the next supply shock.
Bitcoin has been on an upward trajectory over the past few weeks, hitting all-time high prices in over 30 countries around the world.
Bitcoin has passed all-time highs in 30+ countries, including China and India. pic.twitter.com/63CnC9DE0F
— Balaji (@balajis) February 28, 2024
This widespread achievement highlights Bitcoin’s growing status as a global digital currency and store of value.
In the United States, Bitcoin hit $64,000 this week before pulling back slightly. This brings it close to its November 2021 record high of nearly $69,000.
See Also: Bitcoin Approaches Its $69k All-Time High Price, Is It Time To Start Buying BTC-related Projects?
However, when priced in other global currencies, Bitcoin has already exceeded previous records in many major markets.
Some of the countries where Bitcoin set new all-time high prices include economic leaders like China, Japan, the United Kingdom, India and South Korea.
Bitcoin also reached unprecedented values when priced in the Argentine peso, Turkish lira, South African rand, Australian dollar, Chilean peso and Norwegian krone, among others.
This predominantly reflects currency weakness and high inflation eroding purchasing power rather than sheer gains for bitcoin.
Disclaimer: The information provided is not trading advice. Bitcoinworld.co.in holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.
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Disclaimer: The information provided is not trading advice, Bitcoinworld.co.in holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.