Bitcoin atingiu alta histórica na Nigéria, Argentina e Turquia em meio a uma inflação violenta
As of Friday morning, the leading cryptocurrency is hitting new all-time highs (ATH) in Nigeria, Turkey, and Argentina as residents turn to the safe haven asset amid soaring inflation rates. Bitcoin Hits New High in Multiple Countries Bitcoin surged to 28.4 million Nigerian naira (NGN), 12.4 million Argentine pesos (ARS), and 979,000 Turkish lira (TRY) as the fiat currencies of these countries continue to free-fall. According to data from the International Monetary Fund (IMF), Argentina is currently facing triple-digit inflation, with the Argentine peso ranking fourth in the list of currencies with the highest annual inflation rates. The Turkish lira and the Nigerian naira ranked 6th and 15th, with inflation rates spiking 25% and 52% over the past year. The massive decline in the purchasing power of these currencies has significantly increased the demand for bitcoin, which is historically considered to be a hedge against inflation. Bitcoin Adoption Grows in Inflation-Stricken Countries Crypto adoption rates in Nigeria, Turkey, and Argentina have continued to grow despite restrictions on the digital asset market in these jurisdictions. A recent Chainalysis report revealed that Nigeria is the second most active country in crypto trading. Despite a ban placed on crypto trading by the Nigerian government in 2021, the country has continued