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Troubled economies turn to Bitcoin, sparking rally in local trading pairs Troubled economies turn to Bitcoin, sparking rally in local trading pairs

Troubled economies turn to Bitcoin, sparking rally in local trading pairs

From Argentina to Nigeria, Bitcoin trading pairs surged against troubled fiat currencies.

Troubled economies turn to Bitcoin, sparking rally in local trading pairs

Cover art/illustration via CryptoSlate. Image includes combined content which may include AI-generated content.

CryptoSlate breaks down Bitcoin's movements against the Argentine Peso, Nigerian Naira, and Turkish Lira, showcasing how each currency's tumultuous tale fuels Bitcoin's ascent. But what exactly is driving this disparity between emerging and developed markets? Find out with CryptoSlate Alpha ...