Affected by the continued depreciation of the Argentine peso, Argentina’s Bitcoin demand reached its peak in the past two years
It was reported that the demand for Bitcoin (BTC) in Argentina has recently reached its peak in the past 20 months amid the continuous devaluation of the Argentine peso (ARS). According to data from the cryptocurrency trading platform Lemon Cash, nearly 35,000 customers in Argentina purchased Bitcoin during the week ending on March 10th, which is twice the average weekly level in 2023. Lemon is not the only platform experiencing a surge in demand. Other major trading platforms in Argentina such as Ripio and Belo have also reported similar trends.
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.
You may also like
RLUSD Can Be Frozen for Compliance, Ripple CTO Admits

BlackRock to File XRP ETF Only After SEC Lawsuit Resolution, Expert Says

ZKsync sunsets liquidity program amid bearish market
Watch these Bitcoin price levels as BTC retests key $84K resistance
Trending news
MoreCrypto prices
More








