{"id":113966,"date":"2020-11-17T19:37:15","date_gmt":"2020-11-17T16:37:15","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/bitcoin-has-hit-all-time-highs-against-numerous-world-currencies\/"},"modified":"2020-11-17T19:37:15","modified_gmt":"2020-11-17T16:37:15","slug":"bitcoin-has-hit-all-time-highs-against-numerous-world-currencies","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/bitcoin-has-hit-all-time-highs-against-numerous-world-currencies\/","title":{"rendered":"# Bitcoin has hit all-time highs against numerous world currencies"},"content":{"rendered":"<p>&#8220;<strong># Bitcoin has hit all-time highs against numerous world currencies <\/strong>&#8221;<br \/>\n<img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjAtMTEvZmU3Yzc5ZDgtNjZjMC00Mjg5LTg5MmEtOGVhYWY1NDVlNWQ1LmpwZw==.jpg\" \/><\/p>\n<div class=\"post-content\" data-v-5a136f3a>Bitcoin (BTC) is just a few thousand dollars away from its all-time high near $20,000 U.S. dollars. However, while much of the crypto industry watch Bitcoin\u2019s price action in U.S. dollar terms, BTC has already achieved all-time high prices relative to numerous other world currencies.<\/p>\n<p>In an Oct. 22 tweet, Alistair Milne mentioned seven countries in which Bitcoin had already reached its all-time high relative to those countries&#8217; native fiat currencies. In the same tweet, he said Colombia and Russia would soon join the list. <\/p>\n<p>Bitcoin recently surpassed its all-time high against the Russian ruble earlier this month. The asset also broke its record high against the Colombian peso a few weeks ago, completing the list \u2014 except for his closing comment, which forecasts \u201call other fiat currencies\u201d to follow. <\/p>\n<p>In U.S. dollar terms, Bitcoin has soared in recent weeks, leaving little room between its press-time price of $17,267 and its famed $20,000 level. <\/p>\n<p>Bitcoin <a rel=\"nofollow noopener noreferrer\" target=\"_blank\" href=\"https:\/\/www.xe.com\/currencycharts\/?from=XBT&amp;to=COP&amp;view=5Y\">hit<\/a> an all-time high of 62,102,236 Colombian pesos over the last 24 hours. Its former high from 2017 stood at 58,226,376. The peso first broke that level on Nov. 6, reaching 59,543,988 before retracing.<\/p>\n<p>Crypto\u2019s pioneering asset has also broken its previous highest-ever-price level relative to the Brazilian real, Turkish lira, Argentine peso, Sudanese pound, Angolan kwanza, Zambian kwacha and Russian ruble, as\u00a0<a rel=\"nofollow noopener noreferrer\" target=\"_blank\" href=\"https:\/\/www.xe.com\/currencycharts\/?from=XBT&amp;to=BRL&amp;view=5Y\">verified<\/a> by information from data site Xe. <\/p>\n<p>Venezuela, however, yields charts for two main bolivar currencies: the\u00a0<a rel=\"nofollow noopener noreferrer\" target=\"_blank\" href=\"https:\/\/www.xe.com\/currencycharts\/?from=XBT&amp;to=VES&amp;view=5Y\">VES<\/a> and the\u00a0<a rel=\"nofollow noopener noreferrer\" target=\"_blank\" href=\"https:\/\/www.xe.com\/currencycharts\/?from=XBT&amp;to=VEF&amp;view=5Y\">VEF<\/a>. The bolivar soberano, or VES, took prominence in the country in 2018. The VES <a rel=\"nofollow noopener noreferrer\" target=\"_blank\" href=\"https:\/\/www.investopedia.com\/terms\/forex\/v\/veb-venezuelan-bolivar.asp\">replaced<\/a> Venezuela\u2019s bolivar fuerte, or VEF. The VES shows Bitcoin at record price highs. The VEF does not, although Bitcoin has continued rising in the charts.<\/p>\n<p>Venezuela has hosted notable Bitcoin adoption after massive inflation hit the region. <\/p>\n<p><template data-name=\"subscription_form\" data-type=\"markets_outlook\"><\/template><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener noreferrer\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/bitcoin-has-hit-all-time-highs-against-numerous-world-currencies\" target=\"_blank\" rel=\"noopener noreferrer\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;# Bitcoin has hit all-time highs against numerous world currencies &#8221; Bitcoin (BTC) is just a few thousand dollars away from its all-time high near $20,000 U.S. dollars. However, while much of the crypto industry watch Bitcoin\u2019s price action in U.S. dollar terms, BTC has already achieved all-time high prices relative to numerous other world&#8230;<\/p>\n","protected":false},"author":1,"featured_media":113967,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/s3.cointelegraph.com\/uploads\/2020-11\/fe7c79d8-66c0-4289-892a-8eaaf545e5d5.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74862,74937,75582,75930,22845,73602,4975,75393,72916],"class_list":["post-113966","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-bitcoin","tag-bitcoin-price","tag-fiat-money","tag-fiat-valute","tag-argentina","tag-colombia","tag-russia","tag-turkey","tag-venezuela"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/113966","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=113966"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/113966\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/113967"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=113966"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=113966"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=113966"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}