Now, after the military "coup" but failure of Mugabe to resign - as expected - Bitcoin is trading at over $13,499 on Zimbabwe bitcoin exchange Golix - a premium of over 80% over the USD exchange price as demand surged.
The unstable environment in Zimbabwe has spread to the global price of the cryptocurrency driving it beyond $8000 for the first time in history as President Mugabe failed to resign in a national address following the nation's "coup."
The political crisis in the country has led to shortage of hard currency leading to the skyrocketing of the demand for Bitcoin.
