Bitcoin / Swiss Franc Price BTCCHF

This currency pair combines two strong currencies. The first is the Bitcoin, the original blockchain currency, released in 2009. The second is the Swiss Franc, which was released back in 1798 and is the official currency of Switzerland, Liechtenstein, and Campione d'Italia.

Trading BTC vs. CHF:

Bitcoin is the most famous cryptocurrency and is decentralised, anonymous, secure, and global. As such, it has received a lot of media attention, and news related to it may affect its price. The performance of other cryptocurrencies can have an s influence as well.
The CHF price is considered a safe haven and is mostly stable, in accordance with the country’s solid economic and legal situation. Switzerland often trades with Germany, and so the Swiss Franc is also influenced by shifts in Germany’s economy. Finally, the CHF is affected by the Swiss National Bank’s decisions.

Trade this currency pair according to your opinion on the performance of each coin. Traders who think that the BTC price will rise against the CHF can open a long position, while traders who predict the opposite might consider opening a short position. Interested in trading this instrument? Follow it for news and updates on the current Bitcoin vs. Swiss Franc value.