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Bitcoin False Drip

Volatility is just part and parcel of investing in crypto, a 10 per cent movement over the course of an hour isn’t too out of the ordinary. Bitcoin’s dramatic price crash this week came at a bad time for people in El Salvador, where each citizen was newly minted with $30 worth of the cryptocurrency as part of its roll out as legal tender in the country. For seasoned cryptocurrency investors and analysts, the latest dip is relatively minor by bitcoin’s notoriously volatile standards – and could even serve as a buying opportunity for those who have felt priced out of the market during the recent bull run.What is the effect of Bitcoin on El Salvador economy after the adoption ?

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