The dream of those who think that bitcoin could take over the financial system may well come true. The course is a roller coaster, but BTC adoption is skyrocketing. This time, the main crypto is packing up and… destination Dominican Republic!
A bitcoin shop in the Dominican Republic!
The volatility of bitcoin does not prevent its adoption. Regardless of the trend, fans of this asset continue to appreciate and trade it. Even if the crypto sector is not experiencing its best period, its rise continues gradually and could exceed all expectations. BTC is famous and traded in various countries around the world. Among others, the Dominican Republic.
Crypto trading has been gaining momentum in the country since the beginning of this year. Although the sector is unregulated, more and more Dominicans are interested in digital assets. The use of exchanges has increased by around 50% in this year and the trend does not seem ready to stop.
Indeed, it is now possible to make purchases in bitcoin inside the country. According to a tweet of Bitcoin Magazine, a bitcoin shop is now available in the Dominican Republic. Good news for crypto sympathizers who will certainly have a place where they can meet and freely use their tokens.
Green indicators for BTC
Although the downtrend is still rife, bitcoin is slowly starting to recover. After losing more than 70% of its value, the current green oscillators are giving hope to investors. Indeed, several closed their positions during the crypto winter and decided to see the moves ahead.
Even though top dealmakers such as the CEO of Binance and the President of Microstrategy, remained confident, BTC still had a tough time. After meager recoveries, the major cryptocurrency seems on track to stabilize.
Currently, it is hovering around $23,000 and is up less than one percent in the last 24 hours. Nonetheless, traders remain confident that bitcoin will soon reach unprecedented highs.
Bitcoin expansion is reaching other heights. If for a time the main cryptocurrency seemed to let its guard down, it was certainly to bounce back better. The Dominican Republic certainly sees its importance since the inhabitants are more and more receptive there. Although the crypto sector is still in its infancy inside the country, the opening of a bitcoin shop portends another twist.
Receive a digest of news in the world of cryptocurrencies by subscribing to our new daily and weekly newsletter service so you don’t miss any of the essential Tremplin.io!