Bitcoin’s Higher High Shows Just How Weak Fiat Currencies are Becoming

Bitcoin’s Higher High Shows Just How Weak Fiat Currencies are Becoming

Over the weekend, Bitcoin set a pivotal higher high. And although the crypto asset is pulling back slightly with this week’s election uncertainty, a confirmed uptrend could make for clear skies in the weeks ahead. However, does a lack of a higher high on other top currencies tell a different story about Bitcoin – one that instead highlights the dollar’s weakness more so than the cryptocurrency’s strength? Top Cryptocurrency Finally Sets Higher High for First […]

Related News

Bitcoin Sets New All-Time High In These Global Currencies

Bitcoin price blasted yesterday over $1,000 to a high of $13,200 and has reignited interest in the crypto market once again in a major way. A new 2020 high was set on the BTCUSD pair, but a higher peak over the 2019 top has yet to be reached. Elsewhere in the world, however, the leading cryptocurrency by market cap has just set a new all-time high, valued in various national fiat currencies.  A new record […]

Soaring Sell Orders Contrast Sharply with Bitcoin’s Renewed Bull Run

Alongside the cryptocurrency’s meteoric climb over the back half of 2020 and early 2021, a curious phenomenon has unfolded; heightened profit-taking and conversion to fiat currencies. Data collected by Simplex, a fiat-crypto gateway, underscores this seemingly paradoxical development. A Curious Race to Convert Crypto to Fiat Has Accompanied Bitcoin’s Latest Drive Higher Sharing exclusive data with, Simplex cofounder and chief analytics officer Netanel Kabala says: While the international press coverage of Bitcoin’s rally has caused a swathe of new users to....

This Key Bitcoin Indicator is Dropping Like a Rock

Bitcoin volatility has fallen since 2011 and compared to the U.S. dollar currently sits at about 3-4 times higher than the Japanese yen, British pound, and euro. High volatility in the digital currency space has long been cited as a reason against adoption. But, as charts and analysis demonstrate, it is very likely that Bitcoin volatility is trending....

First Mover: Bitcoin Flushes ‘Weak Hands’ as Ethereum Hits New All-Time High

Last week's rout in bitcoin market looks like "weak hands" selling out because bidders appeared to materialize whenever prices fell to $30K.

How The Fiat Standard Has Impacted Relationships, Sex And Family — And How Bi...

The fiat standard has drained the value out of more than just money, leaving family units a weak shell of their former strength.