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How developments in El Salvador impact Bitcoin’s path to an ATH
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Bitcoin officially became legal tender in El Salvador on September 7, this year making it the first country to adopt the currency. While the move pushed Bitcoin and the larger crypto market’s narrative in terms of mass adoption it also unleashed a wave of speculations in El Salvador from the opposition as well as the citizens.
On October 18, thousands of Salvadorans took to the streets in the nation’s capital to demonstrate against the leadership’s economic policies, including the decision to make BTC legal tender in the country. The protesters shouted slogans like “Bitcoin is fraud” and “No to dictatorship” while Bukele seemed to downplay the discontent displayed. But in this clash of ideologies what would be Bitcoin’s fate?
Macro-event
Read more on ambcrypto.comAbout this in other media
Bitcoin slips below $60,000 on profit-taking economictimes.indiatimes.com /2 years ago
Bitcoin: El Salvador just blazed its way to acquire another 420 BTCs ambcrypto.com /2 years ago
Bullish Bukele Buys Bitcoin ‘Dip,’ Snapping up BTC 420 cryptonews.com /2 years ago
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