How does Bitcoin adoption in developing countries affect its price?

Bitcoin adoption is growing rapidly in developing countries, where traditional banking systems are often unreliable. Nations facing hyperinflation, such as Venezuela and Argentina, have seen increased Bitcoin usage as a means of preserving wealth. Additionally, remittance markets benefit from Bitcoin’s low transaction fees compared to traditional money transfer services. As adoption in these regions expands, Bitcoin’s global demand strengthens, potentially influencing price movements. To track how emerging markets are impacting Bitcoin’s value, investors can check btc price live.