Soaring Inflation Sends Bitcoin Trading Volume to [Another] New High in Venezuela

The amount of Venezuelan bolivars being spent to purchase bitcoin has risen to record levels as the South American country experiences unprecedented hyperinflation and a worsening economic crisis. Per Coin Dance, bitcoins worth nearly 900 million bolivars have been traded so far this week in Venezuela, and this is already higher than last’s week volume

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Soaring Inflation Sends Bitcoin Trading Volume to [Another] New High in Venezuela written by Mark Emem @https://www.ccn.com/as-inflation-soars-bitcoin-trading-volumes-rise-to-record-highs-in-venezuela/ October 16, 2018 Mark Emem

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