Bitcoin Updates: ECB Advocates for Digital Euro While Bitcoin's Decline Faces Regulatory Barriers
- ECB President Lagarde reaffirmed Bitcoin's "worth nothing" stance, rejecting its inclusion in central bank reserves due to safety and regulatory risks. - Bitcoin fell below $90,000 (32% from October 2025 peak), mirroring April 2025's correction amid U.S. rate uncertainty and large holder sell-offs. - ECB prioritizes digital euro development, aiming for 2027 pilot and 2029 launch to enhance privacy and reduce reliance on foreign payment systems. - Despite short-term Bitcoin rebound (3.64% in 24 hours), an
European Central Bank President Christine Lagarde has once again voiced her persistent doubts about
The current downturn in Bitcoin's price is reminiscent of the correction in April 2025, when its value slid from $109,000 to $76,000 over an 80-day period. As of November 18, 2025, Bitcoin had fallen below the 2025 "realized price" of $103,227—the average acquisition cost for that year—leaving the typical 2025 investor facing a 13% loss
In the meantime, Bitcoin's price has shown mixed performance. After briefly falling below $89,000 on November 18, the cryptocurrency rebounded to $92,600 by November 19, regaining about 3.64%
Lagarde's perspective is in line with a wider regulatory caution regarding cryptocurrencies that lack backing, even as international debates about Bitcoin's place in government reserves persist. In contrast, the ECB's digital euro is intended to work alongside existing banking systems, supporting the business models of financial institutions while providing a secure and affordable digital payment method for both consumers and merchants
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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