The start of this last quarter could not be better. The bitcoin price has entered strongly in this month of October, managing to quote at a 10% above the price of the last day of September on average. And in the main markets of Latin America, the behavior is similar.
Let’s review how the price of Bitcoin on the eve of the weekend in major economies cripto from the region of latin america.
Argentina
The price of Bitcoin in Argentina has managed to gain strength with respect to the report of seven days ago, when a +14.50%.
According to Ripio Exchange, the price of Bitcoin is above nine million Argentine pesos (ARS) for the purchase, a variation of the +9.32% in the last 24 hours.
Colombia
In the coffee-growing country, the growth of the price of Bitcoin is no exception. With a lift of the +11.6% in the last seven days, the price of BTC on Colombia exceeds the barrier of 180 million Colombian pesos (COP).
According to Buda.com, in the last 24 hours the price of Bitcoin in Colombia registers a growth of +8.8%.
Chile
In the southern nation, the behavior is similar to the rest of the market in the Latin American region. With double-digit growth in the last seven days, the asset is trading above 37 million pesos chilean (CLP).
According to data from Buda.com, in the last hours the price of BTC registers a growth of +5.2%.
Mexico
On Mexico Bitcoin’s price growth is similar to its Argentine peer in the last seven days: +13.06% in that period.
The data thrown by Name Exchange They point out that now the price of BTC is trading at an average of 970,824 MXN, with great prospects of reaching one million in the coming days.
Peru
In the Inca nation, the price of Bitcoin is close to breaking the barrier of 200 thousand Soles (PEN), with a daily boost of five percent.
The report of Buda.com notes that the price of BTC in the last seven days in Peru it also experiences double-digit growth.
Venezuela
With a currency reconversion that eliminated six zeros from its national currency and the entry of a dual system with the entry into the scene of the Bolívar Digital, the price of Bitcoin is showing a particular scenario in this oil nation.
The reports of Airtm point out that the price of 1 BTC equals about 258,000 VES; which represents, in relation to the period of our last report, a growth of +19.99%; taking into account that we apply the reconversion to the value of seven days ago.
With this increase of almost 20 percent in just seven days, the economic measures of the Venezuelan regime seem not to have the expected effect against the price of safe-haven assets such as Bitcoin.
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.
Keep reading: