If You Invested $1,000 In Bitcoin When The ECB Said It’s ‘Irrelevant’ Here’s How Much You Would Have Today
Published by
Benzinga
Benzinga
On Feb.22, Europe’s leading financial authority, the European Central Bank (ECB) doubled down on its criticism of Bitcoin (CRYPTO: BTC), saying it has “no fair value.” But that was not the first time the ECB criticized the apex crypto. Here’s a look back at what the ECB said in November 2022 when Bitcoin traded at its lowest levels. What Happened: In its latest blog post, the central bank termed the approval of spot exchange-traded funds (ETFs) for Bitcoin as “the naked emperor’s new clothes.” The ECB expressed skepticism about Bitcoin’s status as a global decentralized digital currency, citin…
