By CryptoNews - 11 months ago - Reading Time: 1 minutes
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....
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Original source: CryptoNews