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Bitcoin demand in Argentina reaches highest point in nearly | Crypto | Bitcoin | Blockchain

Bitcoin demand in Argentina reaches highest point in nearly two years

Bitcoin remains in demand among Argentines as the ARS has lost fourfold value against the US dollar in the last year, dropping from 0.0049 USD per ARS in March 2023 to 0.0012 USD at present. Argentines' efforts to preserve their savings amid the ongoing decline of their national currency, the Argentine peso (ARS), has resulted in the nation recently hitting its highest demand for Bitcoin in 20 months, according to a recent report.

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