All Time Highs are coming Globally some have already arrived....
Discussion
another way to look at this is which currencies have done the worst since 21.
look at japan. 2nd worse of the 20 therefore. no surprise given fiscal dominance has long since taken hold. the trend will continie.
That means swiss Brazil and Mexico did better compared to dollar and Euro?
Or at least less bad, right 🤔
Sup with Norway and Mexico?
price talk aside, bitcoin is useful because it has so many currency tradings, arguably more than all but USD.
therefore we can use it as a yardstick of the strength of other currencies over time.
so another way to look at this is japenese yen has performed worse than 17 other global currencies since '21 - and there are some real duds here.
another interesting thing to see is the real, peso, and franc have strengthened relative to the dollar. without even looking at the metrics, one can see the trade balances of brazil and mexico are particularly strong and those same dynamics working against japan.
#Bitcoin
👀
great 🫡
#69k next
I was thinking that Swiss Francs was the strongest but Real and MX Pesos are the real shit (among all other shits).
Soon this will be full green and it will just be the game of which one survive the longest vs Bitcoin.
let’s go Mexico!!!!
Need to update that chart already 😂
UPDATED: From 3 top 20 currencies with new ATHs yesterday to 11 today. Credit to nostr:npub1xkere5pd94672h8w8r77uf4ustcazhfujkqgqzcykrdzakm4zl4qeud0en twitter feed I saw it on.
nostr:note1009dl2yuhqdsku9zw0r8uvt3jzp8vmcgevsh2dysdvjk95vnghaq840egs
I think we crushed many of them now. Is there a place to see this list with live update?
Update!?