Bitcoin price remaining above $5000 resulted in new trading highs for several countries worldwide last week, the latest data shows.
Mexico, Venezuela Post Record Localbitcoins Volumes
According to monitoring resource Coin Dance, which tracks trading volumes on peer-to-peer exchange platforms Localbitcoins, Paxful and Bisq, certain markets continued to see spikes in Bitcoin activity.
As Bitcoinist reported, the moves form part of a trend which accelerated in many places in line with Bitcoin price climbing steeply earlier this month.
As with the previous week, it was Venezuela, Peru, Mexico, Kazakhstan and others leading the way over the past seven days, Localbitcoins data confirms.
The period to April 13 was especially successful for Mexico, which set a new all-time trading record of 10.67 million pesos ($568,000) on Localbitcoins.
The peak contrasts sharply with the previous week, in which 8.6 million changed hands, and just clipped the previous record of 10.62 million set in March 2018.
Topping the list of motivations for…