Bitcoin Price Recovers in Major Latam Markets

Despite the fact that more than 200 million dollars in BTC expire this Friday in the market, the bitcoin price remains solid between 47-48k bands, which bodes well for “Big things to come” which is beginning to show in the main markets latin americans.

Let’s review the behavior of the price of Bitcoin in the main markets of the region of Latin America.

Argentina

On Argentina, the price of Bitcoin is currently about $ 8,733,488.93 Argentine Pesos (ARS) for the purchase and is trading at $ 8,595,912.74 ARS for the sale, with a positive change of +0.95% in the last 24 hours, according to data from Gravel Exchange.

This change signifies an increase of almost 120 thousand Argentine pesos with respect to the quotation of seven days ago when we reported a decline of just over one percentage point.

Colombia

In the coffee nation, the price of Bitcoin is in positive territory compared to the last seven days. According to Buda.com, a positive variation of +2.3% is reflected in the quotation of the price of Bitcoin in Pesos Colombians (COP) currently.

At the time of writing this post, $ 179,885,453 COP is needed to acquire a Bitcoin in the Latin American nation on the local exchange Buda.com.

Chile

On Chile, Bitcoin price is showing strong recovery signal. Although it is still in negative territory in the last 24 hours, in the last seven days the price of the asset signals an increase of +4.1%.

According to the data of Buda.com, the price of Bitcoin is about $ 37,680,001 Chilean Pesos (COP), an increase of almost one and a half million pesos in the last seven days.

Mexico

Name Exchange indicates that in the Mexican nation the price of Bitcoin follows the pattern of the rest of the countries in the region. With an increase of 45 thousand pesos Mexicans (MXN) in the last seven days, the price of Bitcoin is trading slightly above 950,000 MXN.

This price means a recovery of +4.9% in the last seven days.

Peru

Peru It is currently one of the countries where the price of Bitcoin has shown a strong recovery in its value, prior to the weekend.

From Buda.com The reports indicate a growth of the +4.5% in the last seven days, to trade above 200 thousand Peruvian Soles (PEN).

Venezuela

With a fall of almost ten billion bolivars in the last seven days, the price of Bitcoin continues to show an atypical rate to the rest of the region in Venezuela.

According to the portal AirTm, 1 BTC is currently equivalent to about 197,926,188,500.00 VES, which represents a reduction of the -4.68% 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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