financial

Bitcoin Reaches Record Highs in Inflation-Stricken Economies: Is Cryptocurrency the New Safe Haven?

Bitcoin has recently reached all-time high prices when measured against several inflationary fiat currencies, including the Argentine peso (ARS), Nigerian naira (NGN), Turkish lira (TRY), Laotian kip (LAK), and the Egyptian pound (EGT). This surge in Bitcoin’s value is primarily due to the ongoing devaluation of these currencies, which has been worsened by a 16% […]