BTC denominated in Argentinian pesos hits all-time high of 40 million ARS

Odaily News BTC has reached an all-time high in Argentine peso terms, with each BTC currently rising to a record 40 million pesos (ARS), due to the collapse of the Argentine peso (which has fallen 99% against the US dollar since 2018). Digital assets are becoming the choice of locals, but in order to maintain purchasing power, Argentines prefer to use popular stablecoins such as USDT and USDC to save and exchange local income instead of Bitcoin. (Cryptopotato)