Javier Milei Wins Argentine Presidency; Bitcoin Gains Nearly 3%
Summary
Javier Milei will be the next president of Argentina following opponent Sergio Massa's concession. With around 87% of votes counted, Milei leads with 56%. Milei's potential victory has coincided with a rise in Bitcoin value, with the cryptocurrency increasing by nearly 3% to $37,350. Milei, previously critical of the central bank, has not proposed making Bitcoin legal tender. Instead, he suggests removing the central bank and shifting the Argentine economy towards the dollar due to high inflation rates.
