Prix et cours du Bitcoin (BTC) : 2 raisons qui expliquent la chute du prix

Bitcoin investment: BTC is gaining popularity in developing countries





Bitcoin live price

In a new report titled Bitcoin: Knowledge and Perception, the Block company presented the perceptions of citizens of 14 countries on the queen of cryptocurrencies. According to the survey, Nigeria, India, Argentina and South Africa are more positive about Bitcoin than most other countries.

A global survey conducted on attitudes to @Bitcoin shows South Africans were more positive than most about the world’s largest cryptocurrency. #Moneyweb #Bitcoin #Crypto https://t.co/Z68z17HApw

This situation can be explained by the volatility of the national currencies of these different countries, which then makes BTC an asset to protect against inflation. In Nigeria, for example, the leading African economy in terms of GDP, the naira has lost more than 60% of its value over the past ten years. The rupee has lost a fifth of its value against the US dollar, so this drop is estimated at 50% for the rand.

BTC has a growing success in Africa

Two of the countries mentioned in the Block, inc. are in Africa. It is no coincidence that cryptocurrencies, and particularly Bitcoin, are of great interest to Africans. Some States are following the movement and, after the Central African Republic which legalized BTC a few days ago, it is the turn of Uganda to consider regulating cryptocurrencies.

While the BTC has struggled to lift off from the $30,000 mark for a few days, can’t expect a rally above $32,649.28, according to FXStreet. Analysts then expect a slight decline to test this support level and then a rally towards $34,000.

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Almmaye
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