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Peruvians are increasingly buying cryptocurrency as a store of value amid rising inflation and political turmoil, according to the article. Crypto exchanges such as Buda.com report rapid growth in trading volume, and several new exchanges have entered the country in the last two years.
Demand for crypto as a hedge against the sol's weakness does not directly move feed commodity supply, demand or prices, so the effect on feed buyers is negligible.
coindesk.comMarina LammertynAug 31, 2022Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
