MasterFeeds: As #Hyperinflation soars, #Venezuela has shown massive increase in #Bitcoin adoption over past year

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Jan 14, 2019

As #Hyperinflation soars, #Venezuela has shown massive increase in #Bitcoin adoption over past year



Source: Coin Dance


\Venezuela’s
weekly Bitcoin Volume has increased 11 BTC in the first week of January 2017 to a staggering 190 BTC in the first week of January 2019.
However, a similar trend can be observed in the weekly Bitcoin volume in the last week of December 2018, where the trade volume was at 252 BTC.

Venezuela has shown a massive increase in Bitcoin adoption over the last year when compared to the data from the past.



Bitcoin [BTC] trading volume increases exponentially in Colombia, Venezuela and Peru - AMBCrypto:

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