In line with the rest of the global markets, the bitcoin price has contracted in the main crypt markets from the region of Latin America a few days after its historical approval as legal tender on The Savior.
After its strong correction last Tuesday, the price of Bitcoin experienced a slight boost that has faded today in most countries in latin america regarding your coins fiat locales.
Let’s review how the price of the main asset of the alternative market of cryptocurrencies in the region.
Argentina
On Argentina the price of Bitcoin returned to trading in Argentine pesos (ARS) at the levels shown about 15 days ago, it was located in the band of $ 8,600,000 ARS; backing up a -1.15% in the last 24 hours.
According to Ripio Exchange, it takes about 8,615,244.62 Argentine pesos to buy a Bitcoin in Argentina.
Colombia
On Colombia Bitcoin’s price movement is similar to the rest of the global markets.
From Buda.com the strong correction that the asset has had in the last seven days is indicated, with a reduction in the -7.3% in this period of time, realizing the decline that Bitcoin has had against the Colombian Peso (COP).
Chile
Chile Nor is it the exception of the strong correction that the price of Bitcoin has in the markets of the Latin American region.
Buda.com indicates that the asset has contracted a -6.8% since our last weekly price update of the latam market.
With a reduction of almost four percentage points, Chileans require just over 36 million Chilean Pesos (CLP) to acquire a Bitcoin.
Mexico
The Aztec nation also gives an account of the decline that Bitcoin is experiencing throughout the region. According Name Exchange, the price of Bitcoin is slightly above 900,000 Pesos Mexicans (MXN).
At this price, Bitcoin has fallen just over three percent in the last 24 hours.
Peru
On Peru the decline in the price of Bitcoin has been strongly felt. In the last 24 hours alone, Bitcoin has contracted almost six percentage points.
Furthermore, in the last seven days the price of Bitcoin has contracted by -8.2%, to quote below the psychological level of 200 thousand Peruvian Soles (PEN).
Venezuela
On Venezuela the price of Bitcoin remains contrary to the general trend shown in the last 15 days. From Airtm, the price of the digital asset has grown against the local currency, the sovereign Bolívar (VES) of +2.87% 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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