Record high Bitcoin prices have been observed in Japan, Argentina, and the Philippines. Bitcoin reached 11 million yen in Japan, 63.8 million pesos in Argentina, and 4.18 million pesos in the Philippines. This surge followed a 7% increase, with BTC hitting an intraday peak of $71,650 on May 21. The cryptocurrency is now nearing its all-time high of $73,738 in USD, being just 3.4% away from it. The rise in prices can be attributed to the devaluation of local currencies and the ongoing economic difficulties in these countries.