The Bitcoin (BTC) price premium in Lebanon is now over 50% with the average price quoted by peer-to-peer (P2P) sellers reaching $15,000.
Lebanese Bitcoin Price Premium Continues to Rise
According to data from P2P BTC trading platform Localbitcoins, the Bitcoin price premium in Lebanon is still on the rise, with sellers demanding as much as $15,000 per BTC. With the global average spot price in the $9,500 region, it appears, Lebanese BTC price premium has climbed above 50%.
Back in January 2020, the Bitcoin price premium in the country was at 25% as the worsening cash crunch has seen more people moving towards the crypto market. According to Al Jazeera, informal capital controls imposed by banks have seen the value of savings decline by about 40%.
While sellers might be demanding such high premiums, there is little data to show the volume of trading at such price levels.
Strict Capital Controls Boosting Crypto Adoption in Lebanon
The situation in Lebanon offers further proof of Bitcoin’s status as a haven asset for people caught in the middle of economic turmoil. From places like Venezuela to Turkey, BTC has offered and continues to offer a viable alternative to the mainstream financial architecture.
A severe cash crunch in Lebanon has seen the emergence of strict capital control measures with domestic forex withdrawals and cross-border remittance capped at $50 a month and $50,000 a year respectively.
Speaking to Al Jazeera, a group of Bitcoin traders in Lebanon said their average monthly volume has exceeded $1 million since the introduction of capital controls in November 2019.
Quoting comments from one of these traders, Al Jazeera revealed:
Before the uprising, bitcoin gave me supplementary income, but now, it’s definitely become the primary.
Apart from trading, Bitcoin is also providing a channel for wealthy investors in the country to move capital abroad. Rather than taking a 40% haircut on the official forex market, Middle Eastern investors are turning to local Bitcoin traders to transfer funds overseas.
Cross-border Bitcoin remittance only takes a few minutes whereas the dire situation in Lebanon is seeing international transactions taking 10 days to complete. The growing distrust of the banking system is also seeing a push towards greater BTC adoption in the country.
Since the start of the year, Bitcoin has gained about 32%, reaching a 2020 high of $10,500 earlier in February.
Do you think the Bitcoin price premium in Lebanon will continue to rise? Let us know in the comments below.
Images via Shutterstock origin »
The Bitcoin price is at $92,200 in intraday trading on December 8, 2025. The benchmark digital asset is slightly bullish after bulls suffered a negative tilt in November. While weakness continues to linger as price hovers near the $90,000 mark, eyes are on the US Federal Reserve.
Crypto markets are experiencing one of the most dramatic momentum splits of the year. Bitcoin is struggling to climb back above the critical $88,800 Active Realized Price, a level that could determine whether BTC stabilizes or faces further selling pressure.
Bitcoin derivatives remain stable despite BTC revisiting the $89,000 level. Is the futures market’s resilience an early hint that traders expect a price reversal?
Bitcoin price outlook after BTC breaks below the 50-week moving average. While it’s a buy opportunity, bulls risk seeing another pullback and a revisit of sub-$90k levels. A flip of $95,000 into key support could allow for bullish retests of highs above $104,504.
Bitcoin's ongoing price correction has triggered a wild 512.73% liquidation imbalance, putting bulls under pressure with $268.07 million in BTC longs flushed out.
Bitcoin price has fallen off the $100,000 threshold after fighting to stay above the mark. At the moment, it is trading at $99,926. What triggered the sell-off? The price of Bitcoin has officially dipped below the psychological $100,000 mark, indicating…
Bitcoin price faces resistance at $116,000, a high-timeframe confluence zone. Multiple rejections raise concerns that a bull trap could form if price loses momentum and key levels. Bitcoin (BTC) price has surged to the $116,000 level on Tuesday, testing a…
The Bitcoin price action has been somewhat impressive in 2025, as the flagship cryptocurrency ascended from around $93,300 in early January to its current all-time-high price of $126,000 this month. While the digital asset saw a couple of resets along the way, it continued to put in new highs, reflecting the magnitude of confidence held by its long-term investors.
Bitcoin Magazine
Bitcoin Price Slips Below $107,000, Analysts See a Buy-the-Dip Moment
Bitcoin price continues to bleed today, trading near $107,500. Analysts think this price is a 'buying' opportunity.
The concept of a price battleground in Bitcoin markets refers to a critical price range where the forces of buying and selling pressure are in a fierce and decisive contest. This is where the outcome is expected to determine BTC’s overall direction and confirm a continuation of a bull market or bear market correction.
Despite the red-hot start to the month, the historically bullish “Uptober” period has not particularly gone according to the expectations for the Bitcoin price. Following the market-wide downturn on October 10, the premier cryptocurrency has not been able to mount a clear recovery back to its former highs.
Bitcoin price is trading near $111,500. Losing this region could trigger a deeper correction below $100,000 toward the $97,700 range low. Bitcoin’s (BTC) price is entering a critical juncture as it trades within a broad high time frame range following…
The latest Bitcoin price rally appears to be losing momentum after a record-breaking run, with prices now testing key levels that could decide its next move. Bitcoin price is trading around $122,000 at the time of writing, reflecting a modest…
Bitcoin price is edging closer to new all-time highs, supported by a rise in open interest. With price action holding above key levels, the market structure remains firmly bullish. Bitcoin’s (BTC) momentum continues to build as price approaches the upper…
Bitcoin price is targeting a fresh rally to the $120,000 mark. The US government’s partial shutdown has seen BTC price break the key level of $117,000. Flight to safe-haven assets, and market bets on Federal Reserve interest cuts could fuel bulls’ ambitions.
Bitcoin is holding steady around $110,900 today after a choppy August filled with price swings and macroeconomic jitters impacting the current Bitcoin price prediction. Things seem to be settling down, with sentiment improving on the back of ETF inflows, a…
Key Takeaways
Bitcoin’s price rally shows strength from whale outflows and valuation gains, but weakening user activity and long-term selling stir concerns about its sustainability.
BitcoiThe post Bitcoin’s invisible resistance isn’t price: It’s THIS on-chain imbalance appeared first on AMBCrypto.
Bitcoin whale inflows surge by $17B in four days, nearing levels seen before past market tops as BTC tests resistance around $120K amid strong price momentum.
BTC price action shows Bitcoin might be on the verge of another drop below the $100,000 mark. On the daily chart, Bitcoin is moving inside a descending broadening wedge pattern. This means the price is trading between two downward-sloping trendlines that are gradually getting wider apart.
Bitcoin price is pushing past $107K and setting the stage for what could be a historic final leg to 2025. As tensions cool in the Middle East and global markets regain momentum, crypto is once again commanding headlines.
Bitcoin (BTC) price hit $99,000 over the weekend, catching most traders unawares. The drop saw the price fall as global tensions rose following U. S. airstrikes against Iranian nuclear sites. With the crypto market panicking with fear, most of the investors questioned whether this was the ‘beginning of the end’ for a bigger correction.
Bitcoin's price and value have surged significantly throughout the cycle
Miners have failed to keep pace with the aforementioned surge though
Over the past year, Bitcoin's [BTC] price perforThe post Bitcoin's price, miners, and THIS volatility indicator - All the details! appeared first on AMBCrypto.
Bitcoin price momentum has stalled, with geopolitical tensions affecting hedging activity
Will BTC hold on to the $100k-$110k price range?
Bitcoin's [BTC] price has shown remarkable resilienThe post Bitcoin price prediction - Will $100K hold on despite risk-off sentiment? appeared first on AMBCrypto.
Bitcoin price is hanging just under $105,000 after a strong multi-month rally, but some well-known traders are starting to sound the alarm. According to Crypto Seth and CryptoPatel, the charts are flashing signs that a correction might be around the corner.
Bitcoin analysis based on macro indicators shows the asset remains on track for another all-time high.
Technical analysis of the price trend highlights criteria for a potential upswing.
BitcThe post Bitcoin's long-term price target - $466K after next halving? appeared first on AMBCrypto.
Bitcoin price has recovered from its sell-off to trade above $107,000. The Bitcoin price was up nearly 2% in 24 hours on June 16, 2025, despite Middle East tensions. Analysts say BTC has shown resilience since it touched lows of $102,800 on June 11.
The Bitcoin price has been holding firm above the $100K level in recent days, while Ethereum stagnates following a major trend shift in May. From technical indicators to the favourable economic factors, top institutional traders are calling for the Bitcoin price to soar as high as $150,000.
Bitcoin’s recent pullback has sparked debate: is the bullish trend still intact, or is a deeper correction on the horizon? With price currently trading above a key channel low and the 200-day moving average, this zone may represent the foundation…
Bitcoin (BTC) shows mixed signals as whales return amid bearish technicals. Price hovers near support, with downside risk still elevated.
The post Why is Bitcoin Price Dropping Despite Bullish Headlines? appeared first on BeInCrypto.
The Bitcoin price is gaining momentum again, and this time, it looks like bulls are firmly in control. The market is buzzing with fresh optimism as analysts on X have pointed to chart patterns showing strong breakout signals.
According to CryptoCon, Bitcoin is setting up for what he calls a “mega expansion” phase, one that could lead to faster and more dramatic price increases heading into the end of 2025. After carefully mapping out BTC price action throughout Cycle 4, CryptoCon suggests that most of this cycle has been about slow, sideways movement, […]
The post Bitcoin Set for “Mega Expansion” as Chart Signals Parabolic Price Spike appeared first on CaptainAltcoin.
A Bitcoiner used his wedding day to share his love for his favorite digital currency, Bitcoin, by gifting 4,000 Satoshis to every guest and incorporating a volcano theme.
Banque Du Liban, the central bank of Lebanon is set to launch a central bank digital currency (CBDC) in 2021. According to a report by a state-run news publication on Tuesday, the central bank’s governor, Riad Salameh, indicated that the digital currency project is part of a move aimed at restoring confidence in the crumbling […]
The Lebanese Central Bank plans to introduce a central bank digital currency by 2021 in a bid to restore confidence in the banking sector and move the economy to a cashless system. Major Development In a public announcement, the governor of the Lebanese central bank, Raid Salameh encouraged banks to plan on how to restructureRead MoreRead More.
The Lebanese Republic, a Western Asian nation bothered by Israel to the South and Cyprus to the west, has been faced with serious economic turmoil in recent times, with the nation’s currency, the Lebanese Lira now trading at 9,600 against the U.
