Bitcoin Price Drops Dramatically as El Salvador Adopts Bitcoin as Legal Tender

Bitcoin on Tuesday became an official currency in El Salvador, to become the first country in the world to adopt bitcoin as legal tender, and the markets and crypto exchanges seem to be struggling. On Tuesday morning, the price of Bitcoin plunged from around $50,000 down to under $43,000 according to Coinbase — it seems that the … Continue reading Bitcoin Price Drops Dramatically as El Salvador Adopts Bitcoin as Legal Tender