#BTCUSDT

24 May 2025

Bitcoin Sets a New Record, But Beware: No Record Yet in Non-Dollar Currency Pairs –

Cryptocurrency analyst Joao Wedson highlighted that while Bitcoin has reached an all-time high in US dollar terms, it has not yet achieved similar records against other currencies. He noted specific percentage increases needed for Bitcoin to break records against major currencies like the euro, British pound, and Japanese yen. Wedson emphasized the impact of exchange rates on the cryptocurrency market and suggested that there is still significant room for upside, although new resistance levels may form. He also mentioned potential advantages of trading Bitcoin pairs with currencies like the euro and ruble.