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Argentina’s Greenback Love Is Being Substituted by a Bitcoin Rush

The popular savings strategy of exchanging pesos for U.S. dollars in Argentina is being substituted by bitcoin investments, which have had better performance lately. Numbers from Lemon, a local cryptocurrency exchange, i...

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Argentina’s Greenback Love Is Being Substituted by a Bitcoin Rush
The popular savings strategy of exchanging pesos for U.S. dollars in Argentina is being substituted by bitcoin investments, which have had better performance lately. Numbers from Lemon, a local cryptocurrency exchange, indicate bitcoin purchases have risen to their highest number in 20 months as Argentines seek better alternatives than the dollar, whose value has been […]

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This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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