Bitcoin has reached historic highs compared to many currencies

Bitcoin (BTC) is a few thousand dollars from its all-time high of nearly US$20,000 However, while much of the cryptography industry monitors the action of Bitcoin costs in US dollars, the BTC has already reached record costs unlike many other global currencies.

In an October 22 tweet, Alistair Milne spoke about seven countries where Bitcoin had already reached its record point of opposition to the local fiddd currencies of those countries, in the same tweet he said that Colombia and Russia will soon be on the list.

Bitcoin recently surpassed its all-time high against the Russian ruble earlier this month. The asset also broke its record against the Colombian peso a few weeks ago, completing the list, with the exception of its final commentary, which predicts that “everyone will follow other fidduarian currencies”.

In terms of US dollars, Bitcoin has soared in recent weeks, leaving little room between its $17267 press value and its $20,000 level.

Bitcoin has reached an all-time high of 62,102,236 Colombian pesos in the last 24 hours, its last peak in 2017 58226376, the peso reached this point for the first time on November 6, reaching 59,543,988 before returning.

Crypto’s pioneering asset also surpassed its recorded value against the Brazilian real, the Turkish lira, the Argentine peso, the Sudanese pound, the Angolan kwanza, the Zambian kwacha and the Russian ruble, as verified through the xe knowledge site data.

Venezuela, however, provides charts for two main bolivar currencies: VES and VEF. The sovereign bolivar, or VES, has gained importance in the country in 2018. VES has replaced Venezuela’s strong bolivar, or VEF. The VES displays Bitcoin at record prices. VEF does not, Bitcoin has continued to scale in the lists.

Venezuela has welcomed a remarkable adoption of Bitcoin after inflation in the region.

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