Bloomberg: Argentina's Bitcoin purchases rise to the highest level in 20 months

2024-03-20 08:52:14

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ChainCatcher news, according to Bloomberg, Argentina is one of the countries with the highest cryptocurrency adoption rates in the world. The Bitcoin purchase volume at the local cryptocurrency exchange Lemon is nearing the highest weekly value in nearly 20 months, making it the most popular exchange among retail customers in this South American country.

It is reported that Argentinians are buying Bitcoin to protect themselves from the impact of 276% inflation, rather than rushing to exchange pesos for dollars.

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