$BTC

Bitcoin has reached an all-time high against both the Turkish Lira (TRY) and the Argentine Peso (ARS), sparking speculation about whether the American market will be next to see a record surge.

Given the latest rise of BTC, market watchers are increasingly optimistic that the currency will soon regain its highest level in dollars as well.

The price of Bitcoin is breaking records in Turkey and Argentina as inflation accelerates.

According to the latest data from Google Finance, the BTC/TRY pair peaked at a record level of 4.09 million TRY (approximately $105,000) during early Asian trading hours. Similarly, in Argentina, the BTC/ARS pair hit an all-time high of 119.1 million ARS (approximately $105,600).