The Bitcoin price has experienced a week full of great expectations, mainly due to the actions carried out by different institutions that manage billions in assets, by filing applications before the United States regulatory bodies for exchange-traded bitcoin funds, popularly known as Bitcoin ETFs.
These actions have caused the price of BTC to rise in double digits in the last seven days, fluctuating between the ranges of 29,000 and 31,000 dollars, at the time of writing this note.
Latin America has not escaped this contagion, and the main markets in the region have also witnessed fluctuations in the price of Bitcoin. in relation to their fiat currencies. Next, we will analyze the current performance of the main asset in the crypto ecosystem in the Latin American region.
According to data from Ripio Exchange, the price of 1 BTC in Argentina ranges between 15.1 million Argentine Pesos (ARS) for sale and 16 million Argentine Pesos for purchase at the time of writing this article.
These figures represent an increase of almost five percentage points.
In Colombia, the price of Bitcoin has felt the institutional frenzy driven by firms like BlackRock. According to data from Buda.com, the price of the asset has risen by 3.5% in the last 24 hours, with a positive variation of more than 17.9% in the last seven days.
In Chile, the price of Bitcoin is above 24 million Chilean Pesos (CLP), experiencing an increase of almost three percentage points in the last 24 hours, according to data provided by Buda.com.
In Peru, the situation does not differ from that of the rest of the neighboring countries. The Bitcoin price has experienced an upward trend in the last 24 hours, with a 4.2% double-digit gain in the last seven days.
On the other hand, in Mexico, the Mexican peso (MXN) has lost ground against the price of Bitcoin, which has experienced an increase of almost three percentage points in the last 24 hours, according to data reflected by Bitso.
To conclude, in Venezuela, the price of Bitcoin continues to remain far from 800,000 bolivars (VES), according to data recorded by the Remitano platform.
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