Bitcoin Falls 1.22% to $78,498 on Tuesday, Sept. 8, 2026

Bitcoin traded at $78,498 on Tuesday, Sept. 8, 2026, according to cryptocurrency market data. The price fell 1.22% from the previous day, when it stood at $79,465.

In Argentina, interest in Bitcoin remains linked to attempts to hedge against inflation and peso volatility, as well as to the cryptocurrency’s role as a global financial asset. Local macroeconomic conditions and the gap between different dollar exchange rates also influence demand for cryptocurrencies.

Using the official exchange rate, one bitcoin was valued at 118,622,094 pesos. Unlike traditional financial assets, Bitcoin trades around the clock, seven days a week, allowing its price to move significantly outside standard market hours. Ethereum, BNB, Solana and Ripple also recorded daily movements that reflected broader cryptocurrency-market activity.

Bitcoin emerged in 2009 after the global financial crisis as a response to distrust in banks and the traditional monetary system. It was created by a person or group using the pseudonym Satoshi Nakamoto, whose white paper proposed a decentralized digital currency without intermediaries and based on blockchain technology.

The cryptocurrency reached a record high of about $126,198 on Oct. 6, 2025. Its supply is limited to 21 million bitcoins, a feature behind comparisons with “digital gold” and arguments that it can serve as a store of value. Its price generally tracks global market conditions and appetite for risk, along with interest rates, inflation and Federal Reserve decisions.