• Bitcoin (BTC) has reached a new all-time high in more than 100 different fiat currencies. From the Mexican peso to the Venezuelan bolívar, passing through the euro and the Japanese yen, the largest digital currency in the market has surpassed its highest prices recorded against these currencies.

  • Bitcoin is 2.7% away from marking a new all-time high in dollars.

Bitcoin has set new all-time highs in various currencies including the Mexican peso at 1.46 million, the Venezuelan bolívar at 3 million, the euro at 67,600, and the dirham at 268,600 for each unit of the digital currency in the United Arab Emirates.

El precio de BTC en bolívares venezolanos superó los 3 millones. Fuente: TradingView.
El precio de BTC en bolívares venezolanos superó los 3 millones. Fuente: TradingView.

Bitcoin, quoted in Turkish lira, also reached a peak at 2.5 million, in South Korea at 101 million won, in the UK at 56,700 pounds, and in Norwegian krone at 809,600.

In the Russian currency, bitcoin reached 6.5 million rubles, in Japan 11.2 million yen, and in the Dominican peso 4.4 million, according to data provided by TradingView.

Despite these records, bitcoin has not yet reached its all-time high in US dollars. At the time of this publication, it is trading at $71,858, highlighting the global importance of the dollar. Many investors believe that a new all-time high for BTC is only confirmed when it reaches it in the greenback.

El precio de BTC en dólares estadounidenses aún no llega a máximos históricos. Fuente: TradingView.
El precio de BTC en dólares estadounidenses aún no llega a máximos históricos. Fuente: TradingView.

This increase was driven by huge inflows of money into bitcoin exchange-traded funds (ETFs), with over $870 million entering these funds yesterday, the third highest amount since their launch in January 2024, as reported by CriptoNoticias.

The expectation in the market is palpable. The cryptocurrency community and financial analysts are closely watching every movement of the bitcoin price, especially in relation to the dollar. The reason is simple: while bitcoin reaches highs in multiple currencies, it is the dollar that determines the global perception of its value.

In general, this scenario reflects the dominance of the dollar in international finance, where its status as the primary reserve and transaction currency makes its interaction with bitcoin a critical indicator.

As the world celebrates bitcoin’s records in various currencies, all eyes are on the dollar, waiting for the moment when BTC declares a new high in the currency that currently defines the global market.

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