Bitcoin price is recovering in the LATAM markets

After having all-time highs last year, bitcoin in this first quarter of 2022 it has not had significant increases that are similar to those of 2021.

However, this Friday bitcoin showed a slight recovery compared to its price seven days ago. Well, there is one valuing a little more than USD 41,000, aiming to reach perhaps forty-two thousand dollars.

On your side, the different Latin American markets have shown a similar behavior this morning, now we will review the main markets of LATAM a little closer.

Argentina

In Argentina the cryptocurrency is valued above 8 million Argentine pesos (ARS) for purchase while for sale its price is over 7 million Argentine pesos (ARS).

Likewise, in relation to the data provided by the Ripio.com exchange, the digital asset is having a negative variation of the -0.26%.

Colombia

On this side, in Colombia the price of bitcoin is above 156 thousand Colombian pesos (COP) according to Buddha.com.

What’s more, it has had positive variations both in the last 24 hours and in the last seven days. In the first case the variation is +6.8% and in the second it is +7.6%.

Chile

In Chilean territory, as in the markets mentioned above, the price of bitcoin has had a slight increase compared to the analysis carried out a week ago.

In the case of Chile, bitcoin is costing a little more than 33 thousand Chilean pesos (CLP). And like Colombia, it has had a positive variation, in the past 7 days of +4.7% and the last 24 hours of +2.2%. Data published by Buddha.com

Mexico

According to what bitso.com reports, in Mexico, contrary to the previous countries, Bitcoin is trading below what it was last week. This time the BTC/MXN pair is at 118.73 BTC.

Peru

Based on data from Buddha.com, In Peru, the value of the digital currency increased, thus reaching 155 thousand Peruvian soles (PEN). With a variation in the past seven days of +4.7% and the last 24 hours of +3.7%.

Venezuela

Finally, in the Caribbean country, Venezuela, bitcoin also increased in value. This morning the price of bitcoin is above 159 billion sovereign bolivars (VES). As shown by the web portal of SashiTango.

“Disclaimer: The information and/or opinions expressed in this article do not necessarily represent the points of view or the editorial line of Cointelegraph. The information presented here should not be taken as financial advice or investment recommendation. All investments and commercial movements involve risks. and it is the responsibility of each person to do their due diligence before making an investment decision.”

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