Bitcoin Hits New All-Time High Against the Euro

Bitcoin has hit an all-time high against the euro, marking a significant milestone as the latest BTC price rally accelerates. On Oct. 29, BTC/EUR reached a record-breaking 67,987 euros on Binance, according to data from Cointelegraph Markets Pro and TradingView. While Bitcoin neared new highs in U.S. dollars this week, the euro saw an earlier breakout due to shifts in dollar strength. BTC/EUR’s peak follows nearly eight months of consolidation, surpassing its previous high set in March. Commenting on the development, analyst Tuur Demeester noted, “The 350 million citizens of the eurozone just experienced a new all-time high for Bitcoin.”

Source: CryptoIntelligence