Affected by the continued depreciation of the Argentine peso, Argentina’s Bitcoin demand reached its peak in the past two years
BlockBeats-NewsFlash2024/03/23 07:40
By:BlockBeats-NewsFlash
BlockBeats News, March 23, Cointelegraph reported that demand for
Bitcoin ( BTC ) in Argentina recently reached a 20-month peak amid the continued depreciation of the Argentine peso (ARS). Nearly 35,000 customers in Argentina purchased Bitcoin in the week ended March 10, which is double the weekly average in 2023, according to data from
crypto trading platform Lemon Cash. Lemon isn’t the only platform experiencing a surge in demand. Similar trends have been reported by other major trading platforms in Argentina such as Ripio and Belo.
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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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