Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
El Slavador
El Salvador buys the dip; Adds 500 BTC to its coffers
El Salvador, the only country that accepts Bitcoin (BTC) as legal tender, has added 500 BTC to its balance sheet. Nayib Bukele, the country’s president, announced this bullish news through a tweet yesterday. According to Bukele, El Salvador bought the dip after the flagship cryptocurrency plunged to the $30,000 level. Bukele’s tweet read, El Salvador just bought the dip! ?? 500 coins at an average USD price of ~$30,744 ? While El Salvador bought BTC at an aggregate price of…
3 years ago