Bitcoin has fallen in price again

08.09.2021

As of 18:19, the rate of the most popular cryptocurrency dropped to $46.8 thousand (minus 9.26 percent). Before that, on August 6, the value of bitcoin rose to $52,000 against the background of news from El Salvador. The country, which became the first in the world to recognize Bitcoin as legal tender, began buying cryptocurrency.

As a sign of support for El Salvador, Twitter and Reddit users began buying bitcoins. They organized a promotion in which it is proposed to spend $30 to buy a small share of bitcoin.

The problem for the republic was the position of the World Bank, which refused to assist in the spread of bitcoin. The IMF noted that it faced “macroeconomic, financial and legal problems” in connection with the transition of El Salvador to bitcoin.