Equities sentiment is also on the lowest level since March Says it all. This is a great entry point for institutional investors. They are looking at this as like a good entry point. The most recent purchase is the cheapest transaction for El Salvador since the nation recognized Bitcoin as legal tender. Disclaimer: The content on this site should not be considered investment advice.
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The cryptocurrency market is notoriously volatile. That can mean drops of more than 50% in a matter of months as well as rapid price gains. It follows recent crashes brought on by Tesla making a u-turn on accepting Bitcoin as payment for its products and China clamping down on. Crypto crash erases more than $1 trillion in market value. Crypto-centric stocks dropped on Friday, with Coinbase Global Inc. at one point losing nearly 16% and.