BTC/EUR: what to know
The BTC/EUR rate shows how much EUR you get for 1 BTC. Right now, 1 BTC buys 56,568.76 EUR at the mid-market rate. In the other direction, 1 EUR is worth 0.000018 BTC.
In the short term BTC is driven mainly by crypto-market sentiment and liquidity, while EUR responds to ECB policy and eurozone growth.
The supply is capped at 21 million coins. The Euro (EUR) is issued by European Central Bank (ECB). The euro is the world’s second most-traded currency, after the US dollar.
Over the past 12 months the BTC/EUR rate has ranged between 51,297.04 and 106,954.60 — a change of -43.64% versus a year ago.
Because this pair involves a cryptocurrency, expect much higher volatility than typical fiat pairs. Use this mid-market figure as your benchmark: compare it with the rate your bank or broker quotes, and the difference is the margin you would pay.