Bitcoin price falling dramatically and has lost 10% of its value in a single day in an increasingly dangerous macroclimate. Although the leading cryptocurrency is claimed to be a hedge against catastrophic economic events, there is no telling how the volatile asset could react when it does finally arrive.
Meanwhile, El Salvador’s President confirmed via #Twitter Monday that the Latin American nation has bought the “Bitcoin price dip,” exchanging dollars for #Bitcoin at a time he believes it remains undervalued by the global market.
Bitcoin Price falling
#CryptoCurrency moves 24 hrs (in $USD) Bitcoin #BTC 8.16% $43,801.93
Dogecoin #DOGE 11.47% $0.2118
Ethereum #ETH 8.99% $3,054.92
Ripple #XRP 12.70% $0.929 Cardano #ADA 8.93% $2.15
Litecoin #LTC 9.82% $160.5
Chainlink #LINK 13.11% $24.4
Polkadot #DOT 12.92% $29.55
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El Salvador becomes first country to accept Bitcoin