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Bitcoin is flat YTD in Euro
Yesterday was in a networking event and it seems even here (Europe) people are only looking at the USD chart of Bitcoin. Because when a guy asked me something related about it, I just said, that I'm doing DCA (in Euros) and I was specting more appreciation this year. So the question is, why Bitcoin is having this low performance of 1.11% YTD while the Euro/USD is killing it? Is this because only people/companies in US are hedging it against USD and maybe in Europe is not and only getting exposure in Bitcoin thought ETF? submitted by /u/SamwiseGamgee87 [link] [comments]
Yesterday was in a networking event and it seems even here (Europe) people are only looking at the USD chart of Bitcoin. Because when a guy asked me something related about it, I just said, that I'm doing DCA (in Euros) and I was specting more appreciation this year.
So the question is, why Bitcoin is having this low performance of 1.11% YTD while the Euro/USD is killing it? Is this because only people/companies in US are hedging it against USD and maybe in Europe is not and only getting exposure in Bitcoin thought ETF?
[link] [comments]
