Tuesday, March 4, 2025

Tag: Bitcoin demand in Argentina reaches highest point in nearly 2 years

Bitcoin demand in Argentina reaches highest point in nearly 2 years

by Charan Lyons, Coin Telegraph:

Bitcoin remains in demand among Argentines as the peso continues to lose value against the U.S. dollar, dropping from $0.0049/peso in March 2023 to $0.0012/peso.

Argentines’ efforts to preserve their savings amid the ongoing decline of their national currency, the Argentine peso, has resulted in the nation recently hitting its highest demand for Bitcoin BTC tickers down $64,566 in 20 months, according to a recent report.