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Venezuela Bitcoin Trading Record Underscores Fiat Currency Hyperinflation

Venezuela Bitcoin Trading Record Underscores Fiat Currency Hyperinflation –

Venezuela transacted more hyperinflated bolivars for bitcoins than ever before last week – but actual Bitcoin (BTC) volumes still decreased. Data from monitoring resource Coin.Dance – which tracks trading volumes on P2P platforms Localbitcoins, Paxful, and Bisq – shows total volumes in Venezuela on Localbitcoins reached 35.9 billion sovereign bolivars (VES) for the week ending April 27.