After overcoming the psychological barrier of 60k, the bitcoin price seems to consolidate a bullish rally in the main markets of latin america; thus consolidating its position of reserve of value against inflationary currencies fiat local to the region.
With a daily gain of + 7.61%, the price of Bitcoin it is on track to record a new all-time high (ATH). Let’s review how it has behaved in the main markets of latin america.
Argentina
In the Argentina de Gardel, the price of Bitcoin has had a percentage performance similar to the global price, with an increase of + 7.67% in the last hours, according to data from Ripio Exchange.
At the time of writing this post, the price of BTC is trading above one million Argentine Pesos (ARS), both for purchase and sale.
Colombia
In the coffee nation, Bitcoin’s price performance over the past seven days exceeds double digits. According to reports from Buda.com, performance in Colombia in the last 24 hours of BTC it is similar to that of Argentina, with + 7.9%.
At this moment, the price of Bitcoin is trading close to 220 million Colombian Pesos (COP).
Chile
With a performance of + 7.3% today, the price of Bitcoin in Chile it follows the same percentage of profits as in the rest of the global markets.
From Buda.com they report that the price of the asset is rapidly approaching the price of 50 million Chilean pesos (CLP), with a double-digit weekly gain.
Mexico
On Mexico the price of Bitcoin continues in a bullish line as in the rest of the region. With more than 100,000 Mexican Pesos (MXN) of profit in the last seven days, the price of BTC already trades on average for one million two hundred thousand pesos according to data from Bitso Exchange.
This increase represents a weekly growth of almost nine percent.
Peru
For his part in Peru Bitcoin’s growth has slowed down a bit, if we take as a reference the growth it had in the period prior to our post. However, despite this, the price of Bitcoin is in green territory with a 3.9% gain in the last 24 hours.
Buda.com also points out that the price of Bitcoin has already reached the figure of 240,000 Peruvian Soles (PEN), a growth of + 8.1% in the last seven days.
Venezuela
For its part, in the hyperinflationary Venezuela The price of Bitcoin surprisingly remains static on the Airtm platform, a benchmark in the oil nation.
1 BTC in this country continues to cost the same price as seven days ago, something unusual in this Latin American nation.
However, on platforms like LocalbitcoinsIt can be seen that the purchase of this asset can cost up to 240,000 VES on average; an increase of up to 20% in price in the last seven days.
The opinions expressed in this post are the sole responsibility of the Author and they have nothing to do with Cointelegraph’s editorial line. Every investment carries risk and you should do your proper research before investing. This post cannot be taken as financial advice.
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