Thursday 6 August 2020

Bitcoin valuation against USD and EUR

Bitcoin valuation against USD and EUR: A slightly different tale. The price of Bitcoin has been significantly rising recently, especially against USD. In fact, the monthly close has exceeded the closes in the summer of 2019. However, the story is not exactly the same with regards to BTC/EUR. Is Bitcoin only going up due to an increased demand? Or is it because the valuation of USD is falling? TA Video by Benjamin Cowen.