Venezuela sell-off imminent bitcoin

The parity comes amid news that venezuelas national reserves are down to 10 bln, of which 7.

Venezuela sell-off imminent as bitcoin and gold equal in.

According to venezuelas communications minister, jorge rodriguez, the petro will be backed by 5.

Bitcoin and gold are at the same price, the metal having lost 10 percent amid concerns venezuela will convert billions of dollars worth to repay debts.

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3 billion barrels of oil equivalent to approximately 267 billion.

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Bitcoin and gold equal in price as venezuela sell-off.

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Exchanges indicate approximate both assets are now worth approximately 1,238.