In line with the performance experienced in the rest of the global markets, the bitcoin price in the region of Latin America continues to show an exceptional performance in the main economies of latin america.
Since the price of Bitcoin hit the psychological ceiling of 50k in the middle of the week, Its lateral price movement with upward momentum has allowed the main asset of the market to consolidate more strongly against some of the main fiat coins region of. Let’s take a look at their performance.
Argentina
Argentina it continues to show a weakness of its local currency against the leading asset of the ecosystem. At the time of publishing this post, the price of Bitcoin is trading at $ 8,747,063.51 Argentine Pesos (ARS), according to the exchange Gravel.
According to this price, the weekly variation of the price of Bitcoin against the local currency of Argentina is located in an increase of +1.51%.
Colombia
In the coffee nation, Bitcoin’s bullish price momentum has slightly diminished in the last 24 hours, going back a 1.3%, as reported Buda.com.
Nevertheless, the weekly growth continues to be maintained at the same percentage, which makes the price of Bitcoin now one $ 186,955,152 Pesos Colombians (COP).
Chile
In the southern nation the negative trend due to the correction of the price of Bitcoin in the last 24 hours is closing against the local currency, the Chilean Peso (CLP).
Consequently, Buda.com reports a weekly growth of almost two percentage points relative to the local fiat currency of Chile.
Mexico
In the Aztec nation, the price of Bitcoin continues to consolidate its trajectory towards one million pesos mexicans (MXN).
From Name They tell us that the price of Bitcoin is less than 4 thousand Mexican pesos to break the ceiling of one million MXN.
At the current listing price, Bitcoin has gained ground by an average of +3.07% only in the last seven days.
Peru
After breaking the barrier of 200 thousand Peruvian Soles (PEN), the price of Bitcoin in Peru has experienced a significant correction in the last 24 hours, as we can see in the report of Buda.com.
Nevertheless, Despite this strong correction of almost two percentage points, the market leading cryptocurrency remains strong against Peru’s local currency, gaining a +1.2% in the last seven days it continues to maintain it above 200 thousand PEN.
Venezuela
To end, on Venezuela The price of Bitcoin continues to experience an unusual reduction in its price against the local currency, the BolĂvar Soberano (VES), for the second consecutive week.
At Airtm, an exchange p2p reference in the oil nation, the price of Bitcoin has fallen by a staggering -3.54% in the last seven days.
With this new fall in the price of Bitcoin, its decline against the Bolivar in the last 15 days is four percentage points.
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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