Bitcoin purchases in Venezuela have been growing rapidly as people seek a safe haven in the cryptocurrency amid crippling inflation and economic ruin.[...]
The economic situation in Venezuela has is spiraling out of control. The Venezuelan Bolivar is declining so severely, that citizens are now turning to cryptocurrencies in record numbers. The Venezuela bolivar-to-bitcoin market hit the equivalent of $1.009 million in fiat exchanged for bitcoin on April 17.[...]


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