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Bitcoin Sees Surging Demand in Argentina Amid Peso’s Decline

Argentines turn to Bitcoin as the national currency’s value plummets, reaching the highest demand in nearly two years. Weekly Bitcoin purchases through the Lemon Cash platform have doubled, reflecting growing interest in cryptocurrency. Amid an ongoing economic downturn, Argentines are increasingly turning to Bitcoin to safeguard their wealth. Reports indicate a surge in cryptocurrency acquisitions, with Lemon Cash experiencing a significant increase in Bitcoin transactions. The increasing reliance on cryptocurrencies is not limited to savings and investments; it’s also beginning to permeate everyday transactions.

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