2024

Bank AI

Bitcoin

<p>The post <a href="https://coinpedia.org/news/bitcoin-price-hit-new-all-time-high-in-this-country/">Bitcoin Price Hits New All-Time-High In THIS Country</a> appeared first on <a href="https://coinpedia.org">Coinpedia Fintech News</a></p> 
<p>In the midst of Japan’s recent economic downturn, there’s a notable uptick in Japanese interest in <a href="https://coinpedia.org/price-prediction/bitcoin-price-prediction/">Bitcoin</a>. This resurgence sparks fresh discussions on the ongoing debate between traditional currencies and the allure of cryptocurrencies. </p> 
<p>As the yen takes a dip to a 33-year low against the dollar, Bitcoin stands out as a reliable option amid economic uncertainty. Achieving a historic milestone, Bitcoin reaches an all-time high of ¥7,819,900 in <a href="https://coinpedia.org/news/japan-embraces-crypto-a-new-tax-regime-for-long-term-holdings/">Japan</a>.</p> 
<h2 class="wp-block-heading" id="h-bitcoin-hits-tokyo-s-skyline"><strong>Bitcoin Hits Tokyo’s Skyline</strong></h2> 
<p>Bitcoin recently reached an impressive high of 7.9 million yen on Tokyo’s bitFLYER exchange, though its dollar value remains below the previous peak of $69,000 in November 2021, hovering around $52,000.</p> 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper"> 
  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr"><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f1ef-1f1f5.png" alt="🇯🇵" class="wp-smiley" style="height: 1em; max-height: 1em;"> <a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw">#Bitcoin</a> now has a new all time high of ¥7,819,90<br><br>This comes amid the confirmation that Japan's economy officially entered a recession. <a href="https://t.co/LfQuzvxoFh">pic.twitter.com/LfQuzvxoFh</a></p>— Crypto Aman (@cryptoamanclub) <a href="https://twitter.com/cryptoamanclub/status/1757957671938932917?ref_src=twsrc%5Etfw">February 15, 2024</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
 </div>
</figure> 
<p>This surge is linked to various factors, including Japan’s economic policies, global market trends, and the growing acceptance of digital currencies in the Asia-Pacific region.</p> 
<p>Also Read: <a href="https://coinpedia.org/cryptocurrency-regulation/crypto-regulations-in-japan/">Crypto Regulations in Japan</a></p> 
<h2 class="wp-block-heading" id="h-growing-interest-in-digital-assets">Growing Interest in Digital Assets</h2> 
<p>Due to recent Inflation in Japan, fiat currencies have lost value, causing investors to seek refuge in bitcoin and gold, which may preserve wealth. After falling 13% and 7.5% against the dollar, the yen fell 6.4% this year. The yen’s decline against the dollar has been a significant catalyst for Bitcoin’s adoption in Japan. </p> 
<p>As the yen weakens past ¥150 per dollar, investors increasingly turn to Bitcoin as a hedge against the devaluing currency. This aligns with a global shift towards digital currency investment, with Bitcoin’s global trading value exceeding $52,000 and predictions of reaching new all-time highs by March’s end.</p> 
<p>Read More: <a href="https://coinpedia.org/news/bitcoin-price-poised-to-rally-10-12x-in-this-crypto-bull-run-says-crypto-analyst/">Bitcoin Price Poised To Rally 10-12x In This Crypto Bull Run Says Crypto Analyst&nbsp;</a></p> 
<h2 class="wp-block-heading" id="h-crypto-surges-here-s-why">Crypto Surges – Here’s Why! </h2> 
<p>The intersection of legal clarity and volatile fiat currencies in Japan accelerates cryptocurrency growth. This trend is likely to continue, especially if the Bank of Japan shifts away from easy monetary policies, making Bitcoin more appealing than the yen. Investors, seeking secure options amidst the recent depreciation of the dollar and yen, find Bitcoin an increasingly attractive choice.</p>

Bitcoin Price Hits New All-Time-High In THIS Country

목차

CoinPedia News

2024년 2월 15일에 게재된 다른 기사

OFAC sanctions entities behind Iran’s digital currency program

Solana-Based Decentralized Rendering Altcoin Offers Tepid Response to Coinbase Listing News

President of Queens’ College Cambridge warns AI could wipe out mid-level asset managers

Shiba Inu Unveils The Shib Magazine’s Latest Edition, Here’s Everything

Crypto Prices Today: Bitcoin Surges Past 52K, ETH, XRP, PEPE, SOL Follow The Lead

Bitcoin’s Price Rollercoaster: Key Levels and Analyst Insights

무료 뉴스레터에 가입하여 매일 최신 암호화폐 소식을 받아보세요!