Venezuela's Bitcoin trading volume hit a new high

According to Cointelegraph, Coin Dance's data shows that Venezuela's highest record of bitcoin transactions in the past seven days as of July 20. In the meantime, only Localbitcoins users created more than 57 billion Bolivar transactions, breaking the record of 49 billion Bolivars last week. Inflation in the Venezuelan currency has been estimated to have reached 10,000,000%, leading citizens to adopt other ways of storing value.