The crypto dollar or Bitcoin, which operates 24 hours a day every day of the year, is trading above $1,200 on this day of the presidential election.
He crypto dollar or Bitcoin, which operates 24 hours a day every day of the year, is trading above $1,200 on this presidential election day. This is a dollar which can be seen minute by minute and is followed not only by financial actors but also by the Government itself.
It should be remembered that the value of crypto dollar It offers a projection of the parallel exchange rate, so following its evolution is advisable given the context. Likewise, today is the only dollar that is not intervenedso its variation during the final stretch towards election Sunday could expose the path of the blue after October 23rd.
Savers are looking for various forms of investment to protect themselves from the high inflation and the volatility in exchange market. In this context, “digital dollars” have recently gained adoption as an attractive alternative.
An MEP dollar that operates 24/7
At the same time, the fintech Cocos Capital announced the availability of one dollar at a guaranteed price of less than $1,000 pesos this weekend. Ariel Sbdar Cocos Capital He explained that the offer aims to “secure the exchange rate before the market opens to protect against fluctuations in the price of the bonds” and highlighted that “no commission is charged for channeling the operation.”
Cocos Capital’s decision to guarantee a dollar below $1,000 pesos reflects the speculation that has surrounded the electoral uncertainty. It was expected that the devaluation pressure will move to the crypto dollar over the weekend, as it operates 24 hours a day, 7 days a week. However, with this offer, Cocos Capital ensures a dollar below $1,000 pesos.
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Elections 2023: the day after
After knowing the result this Sunday, attention will focus on the movement of the CCL dollar as a greater indication of the market’s reaction than the Dolar blue, which is subject to controls by the AFIP and Federal Police that paralyzed operations the previous week. It is worth remembering that the “Cash with Liqui” dollar is the one used by companies and today it is at $1,110.59.
At the same time, Sergio Massa received into his house Leonardo Madcur, Gabriel Rubinstein, Raúl Rigo, Ricardo Casal, Miguel Pesce, Matías Tombolini, Marco Lavagna and Lisandro Cleri to analyze how the management will continue after the elections and the ability to intervene in the parallel dollars If necessary.
Source: Ambito
