The Traderszone Network

Published in TZ Latest News 7 September, 2021 by The TZ Newswire Staff

Why El Salvador’s New Legislation Lead To Bitcoin Crash

In recent news, Bitcoin experienced a huge crash dropping from above $52,000 to below $44,000 (according to MarketCap). This crash follows shortly from the rollout of El Salvador’s new legislation, making Bitcoin a legal tender in the country. So, why has the introduction of this legislation led to such a fall and should other countries learn from these events?

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