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Bitcoin [BTC]: Venezuela transacts record number of BTC trades as Petro fails to get support

Bitcoin [BTC]: Venezuela transacts record number of BTC trades as Petro fails to get support – AMBCrypto

The economic status of the Venezuelan economy had been under constant strain for a while as the countries fiat currency continues to plummet in the present financial cycle. The massive hyperinflation rate of 2 million percent had crippled the country to its core and according to reports, the situation might get worse for the rate is expected to reach 8 million percent by this year’s end.