Monday, February 6, 2023
HomecryptocurrencyBitcoin tumbles nearly 10% as El Salvador adopts it as legal tender

Bitcoin tumbles nearly 10% as El Salvador adopts it as legal tender

  • The price of bitcoin fell Tuesday after breaking through $52,000 late Monday, reaching its highest level since May.
  • The price action comes as El Salvador officially adopts the largest cryptocurrency by market cap as legal tender, becoming the first country to do so.

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