Close Menu
Cryprovideos
    What's Hot

    Fed’s Bitcoin Coverage Shift Sparks Market Rally as Powell Backs Crypto Laws – Bitbo

    June 25, 2025

    Finest Crypto to Purchase Now as Bitcoin ETFs Log a 9-Day Influx Streak – CryptoDnes EN

    June 24, 2025

    New Solana Buying and selling Bot Raises $1.2M in ICO – Subsequent 100x Meme Coin?

    June 24, 2025
    Facebook X (Twitter) Instagram
    Cryprovideos
    • Home
    • Crypto News
    • Bitcoin
    • Altcoins
    • Markets
    Cryprovideos
    Home»Bitcoin»EUR/BTC Down by 80% Since This Scary ECB Prediction for Crypto
    EUR/BTC Down by 80% Since This Scary ECB Prediction for Crypto
    Bitcoin

    EUR/BTC Down by 80% Since This Scary ECB Prediction for Crypto

    By Vladislav SopovNovember 15, 2024No Comments2 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email


    Shortly after the FTX/Alameda ecosystem collapse, European Central Financial institution (ECB) issued a panic-driven prediction of “irrelevance” that was allegedly coming for all cryptocurrencies. Charles Edwards of Capriole Investments says fiat will probably be finished earlier.

    EUR/BTC misplaced 80% since ECB predicted Bitcoin’s irrelevance

    The euro worth has misplaced 80% in opposition to Bitcoin (BTC) for the reason that European Central Financial institution (ECB) printed its epic doc by Ulrich Bindseil and Jürgen Schaaf. Dubbed “Bitcoin’s final stand,” it was filled with scary predictions for Bitcoin (BTC), which was valued at $16,000 again then.

    The ECB known as for Bitcoin’s demise at $16K. As a substitute of being “one final gasp” it was the generational backside. The Euro is down -80% in opposition to Bitcoin since this put up. It will be unsurprising if this put up actually marked the highest for the Euro. If the ECB fails to pivot from their coverage… https://t.co/vLOeZcG4Z2 pic.twitter.com/oH55KhSzsq

    — Charles Edwards (@caprioleio) November 15, 2024

    Cryptocurrency analyst and investor Charles Edwards mocked ECB by recalling this report in his X account. He admitted that it might need coincided with the highest of the EUR worth, not Bitcoin’s.

    Additionally, the U.S. probably including Bitcoin (BTC) to the Federal Reserve might need dramatic results on euro valuation. On the similar time, he’s positive that the failure of all fiat currencies is a matter of when, not if.

    Not like ECB predictions, Edwards’ personal “Bitcoin Vitality Worth Mannequin” that spelled out $100,000 for Bitcoin (BTC) in 5 years in March 2020 is unbelievably near enjoying out.

    This week, Bitcoin (BTC) touched a neighborhood high at over $93,000. As such, it wants lower than 7% to hit the six-digit milestone set by the analyst.

    ECB stays adamantly anti-crypto regardless of BTC worth reaching new highs

    As coated by U.Right this moment beforehand, a November 2022 report by ECB accelerated the post-FTX collapse panic. ECB advisors thought that Bitcoin (BTC) was on borrowed time.

    Associated

    EUR/BTC Down by 80% Since This Scary ECB Prediction for Crypto

    Its uber-bullish efficiency in This fall, 2024, fails to transform ECB audio system. When it began rocketing, the regulator introduced that this course of would deepen the division of society.

    Associated

    ECB Advisor on Bitcoin:

    Schaaf, one of many authors of the 2022 report, known as to “remove” Bitcoin (BTC) because it drains liquidity, whereas its reputation leads to decreasing the buying energy of conventional currencies.





    Supply hyperlink

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    Fed’s Bitcoin Coverage Shift Sparks Market Rally as Powell Backs Crypto Laws – Bitbo

    June 25, 2025

    Finest Crypto to Purchase Now as Bitcoin ETFs Log a 9-Day Influx Streak – CryptoDnes EN

    June 24, 2025

    CME Hole At $92,000: Is A 12% Retrace Inevitable For Bitcoin?

    June 24, 2025

    Mastercard Companions With Chainlink (LINK) To Permit Over 3,000,000,000 Cardholders To Make Direct Crypto Purchases – The Each day Hodl

    June 24, 2025
    Latest Posts

    Fed’s Bitcoin Coverage Shift Sparks Market Rally as Powell Backs Crypto Laws – Bitbo

    June 25, 2025

    Finest Crypto to Purchase Now as Bitcoin ETFs Log a 9-Day Influx Streak – CryptoDnes EN

    June 24, 2025

    CME Hole At $92,000: Is A 12% Retrace Inevitable For Bitcoin?

    June 24, 2025

    The Smarter Internet Firm Expands Bitcoin Holdings With £15.2M Buy

    June 24, 2025

    Quick-Time period Confidence Weakens: Bitcoin STH MVRV Dives Down With Market Swings | Bitcoinist.com

    June 24, 2025

    BNB Over Bitcoin? Chinese language Firm's Inventory Skyrockets on $1 Billion Crypto Treasury Plan – Decrypt

    June 24, 2025

    Metaplanet Injects $5B into U.S. Arm to Increase Bitcoin Enlargement

    June 24, 2025

    Bitcoin Rebounds to $106,000 as Coinbase Premium Surges – Bitbo

    June 24, 2025

    CryptoVideos.net is your premier destination for all things cryptocurrency. Our platform provides the latest updates in crypto news, expert price analysis, and valuable insights from top crypto influencers to keep you informed and ahead in the fast-paced world of digital assets. Whether you’re an experienced trader, investor, or just starting in the crypto space, our comprehensive collection of videos and articles covers trending topics, market forecasts, blockchain technology, and more. We aim to simplify complex market movements and provide a trustworthy, user-friendly resource for anyone looking to deepen their understanding of the crypto industry. Stay tuned to CryptoVideos.net to make informed decisions and keep up with emerging trends in the world of cryptocurrency.

    Top Insights

    Crypto ETF Frenzy Marks SEC Transition Forward of Trump Administration

    January 19, 2025

    Ethereum in 2025: Business Specialists Analyze the Worth Hunch, Governance Woes, and DeFi Setbacks

    March 4, 2025

    'The way to Purchase Crypto' Google Searches Hovering as Bitcoin Hits New Excessive

    January 21, 2025

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    • Home
    • Privacy Policy
    • Contact us
    © 2025 CryptoVideos. Designed by MAXBIT.

    Type above and press Enter to search. Press Esc to cancel.