Cryptocurrencies have had various movements in the last hours.
More and more people have decided to venture into the world of digital currencies, despite the volatility that characterizes them, with the aim of having a medium and long-term investment.
Also promoted by certain characters or governments that seek to adopt these digital currencies as legal tender, cryptocurrencies have gone on a roller coaster that has led to significant ups and downs and has turned more than one of them upside down.
Cost of Cryptocurrencies
Bitcoin is trading today at $22,362.68, which implies a change of -4.74% in the last hours.
The second most popular digital currency on the market, Ethereum, has shown a movement of -4.74% in the last 24 hours, so its value stands at $1,569.17.
About Tether US, it is trading at $1, so on the last day it had a movement of 0%.
For its part, BNB has a value of $290.28, with a change of -3.22%, while Litecoin does the same with $90.55 after a change of -4.94%.
Finally, Dogecoin, one of the virtual currencies promoted by Elon Musk himself, has a value of $0.08 after presenting a change of -4.65% in the last 24 hours.
Digital Currencies in Latin America
Argentina: despite the fact that digital currencies have not been legalized in Argentina, its popularity has been increasing after the decades of financial instability that citizens have had to face, making it one of the Latin American countries with the greatest presence of cryptocurrencies. Along these lines, President Alberto Fernández has suggested its use to combat inflation.
Mexico: Banco de México (Banxico) has determined that none of the institutions that participate in the national financial system may use or allow operations of any kind through this means of payment. However, in a study carried out in 2022 by the firm Finder, there is a record that in the country there are around 12 million Mexicans who own cryptocurrencies, 59% men and 41% women.
Peru: The Central Reserve Bank of Peru (BCR) has made it clear that its mission is not to be the first nor the second central bank to regulate the use of cryptocurrencies, due to the instability that characterizes them. However, days ago the president of the (BCR) assured that the BCR was working on its own digital currency project.
Colombia: there are more than 500 places where it is allowed to pay with cryptocurrencies. Colombia ranks 14th out of 26 cryptocurrency adoption countries, according to a report by Finder.
Central America: in El Salvador, the government has given its vote of confidence and on June 9, 2021, it became the first country to legalize Bitcoin as a legal currency. In addition, President Nayib Bukele announced his intention to create the first Bitcoin City in Conchagua, which would be financed through Bitcoin-backed tokenized bonds.
By Audy Castaneda
