Bitcoin is near its all-time high in Argentina. This is due to | Crypto NEO

Bitcoin is near its all-time high in Argentina. This is due to the depreciation of the local peso due to the currency crisis in the country, which began in 2018 and continues today.

Specifically, the BTC to peso exchange rate has risen 106 percent since the beginning of 2023. So in this country, dealing with cryptocurrencies is practically a matter of survival.