The price of this exchange rate is important, since the value of the crypto dollar offers a projection of the blue.
The crypto dollar or Bitcoin It operates 24 hours every day of the year and is the thermometer to know how the other exchange rates can be quoted on those days when there is no activity, such as this Tuesday February 13, when there is no blue dollar market due to the carnival holiday. Thus, it serves as an indicator of what may happen this Wednesday, when the square is reactivated, after the extra-long four-day weekend.
The crypto dollar is trading with an upward trend this Tuesday and above the Friday closes of the blue and the MEP, which were priced at $1,145 and $1,173.36, respectively, although, below the CCL, which was located at $1,229.01 for sale.
- On Bitso, the crypto dollar is currently trading at $1,191.45.
The blue dollar traded at $1,115 for purchase and $1,145 for sale on Friday, February 9, according to a survey of Ambitin the caves of the City. The market continues to assimilate the failure of the omnibus law in Congress. The parallel currency ended last week with a drop of $30 (-2.6%). In this way, the The gap with the official one stood at 37.7%, below the 41% it had reached two days ago.
Crypto dollar: everything about its price
The crypto dollar operates completely digitallywhich allows it to be available 365 days a year, 24 hours a day.
Specific, cryptocurrencies are purchased through virtual wallets. But they are not all cryptocurrencies, but only the so-called stablecoins whose value is tied to the US dollar.
For its part, The 3 most traded are Tether (USDT), USD Coin (USDC) and Dai (DAI).The parity is a DAI, a USDT or a USDC, whose value is equivalent to one dollar. Like 30 years ago, with convertibility, but instead of pesos, cryptocurrencies.
Regarding its transactions, since the purchase and sale of cryptocurrencies is outside the traditional exchange market, quotes and operations are not suspended on weekends or holidays nor after 3 in the afternoon, when the banks close: they are still available 24 hours a day, 7 days a week operating. That is to say, you can buy crypto dollars not only from Argentina but from anywhere in the world.
The crypto dollar, being unregulated, offers a more speculative and riskier optionbut for that reason no less attractive for those who want to move away from the formal market and enter a world of uncertainty, volatility and the prospect of profits without the intervention of outsiders.
Source: Ambito
I am a 24-year-old writer and journalist who has been working in the news industry for the past two years. I write primarily about market news, so if you’re looking for insights into what’s going on in the stock market or economic indicators, you’ve come to the right place. I also dabble in writing articles on lifestyle trends and pop culture news.
