Blue dollar effect: Bitcoin exceeded $18 million for the first time in Argentina

Blue dollar effect: Bitcoin exceeded  million for the first time in Argentina

The rise of dollar in Argentina, which began in August, catapulted the price of Bitcoinpassing the purchase value to more than 18 million pesos per unitaccording to the data provided by the Coinmonitor portal.

This Tuesday, August 8, according to the portal of satoshitangothe price in pesos of Bitcoin is $17,558,586.02. Likewise, in various locations within the City of Buenos Aires, at ATMs Athena, that offer the possibility of acquiring BTC, since the dollar soared the price reached $18,197,956.97.

Also, at the price of Dolar blue of this Tuesday and according to the BTC price On the Bitstamp platform, the price of Bitcoin in Argentine pesos is $17,528,487 per unit.

He Dolar blue It falls this Tuesday, August 8, after scoring a $22 rise in the previous day, which had brought it closer to a key symbolic level, $600. In this sense, the informal currency falls $6, to the $590 for sale and cuts an initial low, after reaching an intraday record on Monday at $597, according to a survey of Ambit in the caves of the City. Thus, the gap with the official exchange rate is sustained at 107.59%.

This also impacts the price of the Bitcoin Dollar or Crypto Dollar that, on some platforms like Lemon Cash, trading at $635. According to CoinMonitor Argentina, the price of “crypto dollar” It is $605.8. On said portal, the price of a Bitcoin in Argentina is in $17,610,553.70.

Bitcoin in other countries

It should be noted that each country presents its own economic situation, therefore, this increase in value of the Bitcoin in Argentina cannot be labeled as a general increase in the region.

Indeed, in Brazilthe increase in the value of the cryptocurrency it was barely 0.7%. In contrast, in Argentina an increase of close to 3% for this August 8.

In ColombiaFor example, the increase, according to Coinmonitor, for this Tuesday is 0.5% and in Mexico, 3.3%.

Additionally, the website also records the daily evolution of the price and clearly illustrates how the value of Bitcoin experienced a pronounced ascent in Argentina. This change is reflected in its valuation, which went from $16,946,587.53 on August 6, up to reach an average transaction high point valued at $17,610,918.66.

Source: Ambito

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