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The Daily Hodl 2024-03-21 20:00:26

Argentinians Ditching US Dollar, Turning to Bitcoin in Droves Amid 276% Inflation: Report

Argentines are reportedly buying Bitcoin (BTC) instead of the US dollar to protect themselves from currency devaluation. According to Bloomberg, Argentina-based crypto exchange Lemon is seeing a large increase in Bitcoin purchases as the South American country faces an inflation rate of 276%, one of the highest in the world. In the week ending March The post Argentinians Ditching US Dollar, Turning to Bitcoin in Droves Amid 276% Inflation: Report appeared first on The Daily Hodl .

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