Bitcoin to the rescue? Saylor says that the EU will need BTC among the misfortunes of the euro

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Michael Saylor, a supporter of Bitcoin, publicly stated that the European Union should consider buying Bitcoin, especially after a recent decrease in value. According to Euro (EUR) reports, it weakened in relation to the United States dollar (USD) From yesterday.

The decrease occurred after the federal reserve report, which many interpreted as inclined to lower interest rates in the future. . EURO value It fell from the highest 1.08 against USD on Thursday to the current level 1.07.

“Europe will need bitcoins” – @Saylor

With the boost in debt, inflation and financial centralization – the digital euro (CBDC) to launch in 2025 – Bitcoin is not only an option, it is an alternative … The question is not whether Europe will understand it. https://t.co/3akounbbwy pic.twitter.com/ag01hkr4ex

– BTC Praga (@btcpraguue) March 20, 2025

Euro under pressure after Fed signals

The recent weakening of the euro occurred after the FED decided to maintain a fixed interest rate. These rates have remained from December from December from December from December from December from 4.25% to 4.50%. However, Federal reserve Chairman Jerome Powell reportedly suggested the possibility of reduction of a rate of 50 database before the end of 2025.

BTC now has USD 83,925. Chart: TradingView

In addition, the central bank was under pressure From US President Donald Trump to lowering interest rates, claiming that this is the right way of action.

Greenback has increased in connection with other currencies, especially the euro, as a result of a rally in American actions and bonds caused by the US’s talk.

Representation of the image of bitcoins saving euro currency. Source: Gemini Imagen

Bitcoin Saylor as a potential hedge

Saylor, executive president and co -founder of MicroStrategy (currently a strategy), said in social media that Bitcoin can provide a cure for this currency movement. In a statement published this week, Saylor calls on the European Union to quickly proceed with all intentions to purchase BTC.

EUR will need BTC

– Michael Saylor⚡️ (@Saylor) March 20, 2025

He suggested that if the EU had bitcoins, it could act as a protection against a recent decrease in the value of the euro. For context Bitcoins price It increased by 2.6% compared to the American dollar in the last 24 hours, trading in USD 85,400 at the time of writing.

Saylor also indicated how the US dollar exceeded significantly Turkish lira (Try) from 2021 and as it caused a significant devaluation of the Turkish currency. He noticed that Bitcoin was one of the highest resources at the same time.

A potential EU cryptographic undertaking is gaining adhesion

Member of the European Parliament, Sarah Knafo, recently called the EU Consider establishing a Bitcoin strategic reserve.

She emphasized the apparent success of Salvador, a country that officially accepted Bitcoin. According to reports, the Salvador economy was transformed by accepting Bitcoins by President Nayib Bukele and other future initiatives.

A distinguished picture from Gemini Imagen, chart from TradingView

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