Bitcoin Hits $15K In Lebanon….

Wow…Bitcoin getting pricey in Lebanon…$15K per BTC atm…

BITCOIN PRICE HITS $15K IN LEBANON AMID WORSENING CASH CRUNCH

“According to data from P2P BTC trading platform Localbitcoins, the Bitcoin price premium in Lebanon is still on the rise, with sellers demanding as much as $15,000 per BTC. With the global average spot price in the $9,500 region, it appears, Lebanese BTC price premium has climbed above 50%.

Back in January 2020, the Bitcoin price premium in the country was at 25% as the worsening cash crunch has seen more people moving towards the crypto market. According to Al Jazeera, informal capital controls imposed by banks have seen the value of savings decline by about 40%.”

https://bitcoinist.com/bitcoin-price-hits-15k-in-lebanon-amid-worsening-cash-crunch/

Master Asked on February 25, 2020 in Bitcoin.
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