Sat. Jul 5th, 2025

Bitcoin has ‘no real economic need,’ says ECB adviser

ByCrypto News Post Editor

Feb 25, 2025

ECB adviser Jürgen Schaaf has dismissed BTC reserves, citing volatility and lack of economic necessity as Bitcoin falls below $88K amid marketwide liquidations.

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Bitcoin (BTC) $ 108,005.00 0.18%
Ethereum (ETH) $ 2,500.02 0.34%
Tether (USDT) $ 1.00 0%
XRP (XRP) $ 2.21 0.45%
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USDS (USDS) $ 0.999808 0.01%
Stellar (XLM) $ 0.236362 0.62%
Toncoin (TON) $ 2.74 1.01%
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Shiba Inu (SHIB) $ 0.000011 1.11%
Hedera (HBAR) $ 0.154477 0.89%
Litecoin (LTC) $ 86.26 0.62%
WETH (WETH) $ 2,499.17 0.29%
WhiteBIT Coin (WBT) $ 45.23 0.59%
Monero (XMR) $ 312.42 1.43%
Ethena USDe (USDE) $ 0.999974 0%
Coinbase Wrapped BTC (CBBTC) $ 108,001.00 0.15%
Bitget Token (BGB) $ 4.38 0.34%
Polkadot (DOT) $ 3.33 0.07%
Uniswap (UNI) $ 6.90 0.41%
Aave (AAVE) $ 268.26 2.48%
Pepe (PEPE) $ 0.000010 0.62%
Dai (DAI) $ 0.999873 0.01%
OKB (OKB) $ 48.86 0%
Bittensor (TAO) $ 320.69 0.12%
Aptos (APT) $ 4.40 0.34%
NEAR Protocol (NEAR) $ 2.12 0.04%
Internet Computer (ICP) $ 4.72 0.57%
Cronos (CRO) $ 0.080453 0.28%
Ethereum Classic (ETC) $ 16.20 0.01%
Ondo (ONDO) $ 0.774400 0.61%
sUSDS (SUSDS) $ 1.06 0.01%
Kaspa (KAS) $ 0.074523 1%
Fasttoken (FTN) $ 4.43 0.17%
Mantle (MNT) $ 0.565232 1.06%
Gate (GT) $ 15.08 1.54%
Cosmos Hub (ATOM) $ 3.97 0.12%
VeChain (VET) $ 0.020551 1.07%
Artificial Superintelligence Alliance (FET) $ 0.662171 1.55%
Lombard Staked BTC (LBTC) $ 108,314.00 0.56%
Tokenize Xchange (TKX) $ 20.87 10.05%
Render (RENDER) $ 3.14 0.73%
POL (ex-MATIC) (POL) $ 0.180720 1.24%
Arbitrum (ARB) $ 0.323447 1.69%
Ethena (ENA) $ 0.252462 0.64%
Binance-Peg WETH (WETH) $ 2,499.37 0.3%
Filecoin (FIL) $ 2.23 0.85%
Algorand (ALGO) $ 0.173045 0.5%
Worldcoin (WLD) $ 0.867705 0.03%
First Digital USD (FDUSD) $ 0.997375 0.04%
Sei (SEI) $ 0.260871 0.11%
Bonk (BONK) $ 0.000018 10.56%
KuCoin (KCS) $ 10.98 0.18%
Binance Staked SOL (BNSOL) $ 155.41 0.45%
Jupiter (JUP) $ 0.430745 0.43%
NEXO (NEXO) $ 1.20 0.26%
Kelp DAO Restaked ETH (RSETH) $ 2,619.45 0.31%
Rocket Pool ETH (RETH) $ 2,847.19 0.28%
Fartcoin (FARTCOIN) $ 1.16 0.72%
Flare (FLR) $ 0.016619 0.25%
SPX6900 (SPX) $ 1.21 1.43%
Injective (INJ) $ 10.51 2.74%
Celestia (TIA) $ 1.46 3.56%
XDC Network (XDC) $ 0.062667 4.51%
Virtuals Protocol (VIRTUAL) $ 1.54 0.81%
Stacks (STX) $ 0.639146 0.33%
Pudgy Penguins (PENGU) $ 0.015591 3.28%
Mantle Staked Ether (METH) $ 2,673.73 0.47%
Optimism (OP) $ 0.523979 1.27%
Solv Protocol BTC (SOLVBTC) $ 107,912.00 0.16%
Arbitrum Bridged WBTC (Arbitrum One) (WBTC) $ 107,794.00 0.56%
Kaia (KAIA) $ 0.151350 1.24%
Wrapped BNB (WBNB) $ 652.30 0.06%
Renzo Restaked ETH (EZETH) $ 2,636.87 0.52%
dogwifhat (WIF) $ 0.825549 1.08%
The Graph (GRT) $ 0.081314 0.69%
Immutable (IMX) $ 0.418916 2.87%
PancakeSwap (CAKE) $ 2.22 0.17%
Jupiter Staked SOL (JUPSOL) $ 164.52 0.61%
Marinade Staked SOL (MSOL) $ 191.45 0.48%
FLOKI (FLOKI) $ 0.000074 1%
Jito (JTO) $ 1.99 0.76%
Curve DAO (CRV) $ 0.495531 0.45%
Theta Network (THETA) $ 0.678571 0.01%
Lido DAO (LDO) $ 0.713793 1.45%
Zcash (ZEC) $ 38.79 1.95%
Aerodrome Finance (AERO) $ 0.732815 0.91%
GALA (GALA) $ 0.013706 0.15%
Ethereum Name Service (ENS) $ 18.22 0.52%
IOTA (IOTA) $ 0.153833 0.43%
BitTorrent (BTT) $ 0.00000060 0.44%
Solv Protocol Staked BTC (XSOLVBTC) $ 107,724.00 0.79%
Usual USD (USD0) $ 0.998157 0.02%
The Sandbox (SAND) $ 0.238560 1.06%
JasmyCoin (JASMY) $ 0.011966 0.86%
Pyth Network (PYTH) $ 0.095305 0.25%
Raydium (RAY) $ 2.05 0.53%
Tezos (XTZ) $ 0.520174 1.37%
Pendle (PENDLE) $ 3.31 1.02%
L2 Standard Bridged WETH (Base) (WETH) $ 2,500.44 0.37%
Flow (FLOW) $ 0.318815 1.24%
Arbitrum Bridged WETH (Arbitrum One) (WETH) $ 2,499.19 0.29%
Core (CORE) $ 0.494480 1.05%
Decentraland (MANA) $ 0.255008 0.88%
Bitcoin SV (BSV) $ 23.83 1.52%
ApeCoin (APE) $ 0.589351 0.56%
THORChain (RUNE) $ 1.29 2.45%
DeXe (DEXE) $ 7.39 0.81%
Binance-Peg Dogecoin (DOGE) $ 0.162900 0.37%
USDD (USDD) $ 1.00 0.01%
Brett (BRETT) $ 0.041303 0.14%
Helium (HNT) $ 2.21 0.35%
Movement (MOVE) $ 0.155587 2.43%
Reserve Rights (RSR) $ 0.006868 1.22%
Starknet (STRK) $ 0.110050 0.04%
dYdX (DYDX) $ 0.513372 2.12%
NEO (NEO) $ 5.32 0.88%
MultiversX (EGLD) $ 13.15 0.51%
Mog Coin (MOG) $ 0.00000094 0.62%
AIOZ Network (AIOZ) $ 0.306968 0.1%
Conflux (CFX) $ 0.071278 0.78%
ether.fi Staked ETH (EETH) $ 2,496.12 0.19%
Axie Infinity (AXS) $ 2.13 0.42%
EigenCloud (prev. EigenLayer) (EIGEN) $ 1.09 0.23%
EOS (EOS) $ 0.473947 0.83%
Chiliz (CHZ) $ 0.034500 0.14%
Arweave (AR) $ 4.96 0.58%
Ronin (RON) $ 0.479016 0.08%
Wormhole (W) $ 0.065547 1.05%
Beam (BEAM) $ 0.005684 1.56%
Akash Network (AKT) $ 1.10 2.25%
Popcat (POPCAT) $ 0.293548 0.46%
Gnosis (GNO) $ 109.07 0.43%
Polygon (MATIC) $ 0.180815 0.55%
Peanut the Squirrel (PNUT) $ 0.217231 1.36%
Mina Protocol (MINA) $ 0.165057 0.73%
MANTRA (OM) $ 0.203753 0.94%
ai16z (AI16Z) $ 0.151168 3.98%
Echelon Prime (PRIME) $ 2.33 0.65%

Bitcoin has ‘no real economic need,’ says ECB adviser

ByCrypto News Post Editor

By Crypto News Post Editor

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