cryptonews
2023-04-26 09:31:00

Bitcoin Hits All-Time-High in Argentinian Pesos – Will Inflation Spark BTC Adoption?

Bitcoin (BTC) has hit an all-time price high in Argentinian pesos – a fact that appears to say more about the struggling fiat than the popular cryptoasset. The peso (ARS) has been dogged by spiraling inflation in recent years. This has intensified in recent months, with inflation now topping the 100% mark. BTC's popularity, meanwhile, is on the rise in Argentina. At present, 1 BTC is currently trading for about ARS 6,331,980 on most international exchanges.... Read More: Bitcoin Hits All-Time-High in Argentinian Pesos – Will Inflation Spark BTC Adoption?

Get Crypto Newsletter
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.