Bitcoin interest in Argentina hits 20-month high as inflation soars above 270%

Denis Omelchenko

As Argentina’s inflation climbs, Bitcoin gains popularity over fiat currencies, driving increased crypto purchases and scam activity. In Argentina, where inflation has surged to staggering levels, Bitcoin is emerging as a preferred hedge against economic instability, Bloomberg reports, citing data…

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Bitcoin interest in Argentina hits 20-month high as inflation soars above 270%