Bitcoin Surges to New All-Time Highs Against Depreciating Fiat Currencies

Bitcoin's Recent Rise of Over 15% Spurs New All-Time Highs Against Depreciating Fiat Currencies

Bitcoin's recent increase of over 15% this week has led to new all-time highs (ATHs) against several depreciating fiat currencies, including the Argentine peso (ARS), the Japanese yen (JPY), the Turkish lira (TRY), and the Nigerian naira (NGN). This surge in value raises questions about when Bitcoin will reach a new ATH against the United States Dollar (USD).