Bitcoin Price Diverges Between Dollars and Euros

The current Bitcoin price is $84,828, but when converted to euros, it's only €75,348. This discrepancy is due to the exchange rate between the US dollar and the euro, which affects the price of Bitcoin in euros. On a quiet market day, the dollar price of Bitcoin may not change, but the euro price will still fluctuate due to changes in the exchange rate.

The European Central Bank's reference rate, which is published daily at 2:15 pm Central European Time, is a useful indicator of the exchange rate. On October 2, 2026, the reference rate was $1.1225 per euro, and on January 2, 2026, it was $1.1721 per euro. This means that the dollar has appreciated 4.42 percent against the euro over the past nine months.

The difference between the dollar and euro prices of Bitcoin is significant, with a 4.4 percent decline in dollars and only a 0.5 percent decline in euros since the start of the year. This means that a German investor who bought Bitcoin for €10,000 on January 2, 2026, would have a loss of €46, whereas an American investor would have a loss of €443.