Argentina and Brazil register new weekly Bitcoin containers as they face major challenges in the market.

According to Decrypt, weekly Bitcoin volume in Argentina and Brazil has grown 169% and 20%, respectively, over the past two months, reaching new highs. The two countries are currently facing serious economic problems, exacerbated by the pandemic coronavirus virus. As local financial regulations make it harder to find a safe haven for the dollar or the euro, investors seem to be turning to cryptocurrencies like Bitcoin to counter inflation.