📈 Bitcoin volumes reach all time high in Venezuela

Trading on peer-to-peer exchange LocalBitcoins has reached another all time high, seeing 2,000 Bitcoin ($BTC) traded in 24 hours. Trading volumes in nearby Columbia and Brazil are also up, likely attributable to spill over from the refugee crisis and local premiums for Bitcoin. Since last summer, the trading volume has increased by a factor of 4 on LocalBitcoins while inflation of the fiat Bolivar has reached one million percent.

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