El Salvador officially made Bitcoin legal tender in September 2021; since then, the Latin American country has placed BTC near the center of its economic growth strategy.
CointelegraphA state-backed digital currency like the U.S. dollar doesn’t necessarily have to be a competitor to a decentralized cryptocurrency, one industry exec believes.
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BitcoinistBTC made a brief rally on Wednesday following the Fed rate hike announcement. However, the price of Bitcoin suddenly dropped below $36,000 on Thursday afternoon.
FtftxBitcoin price action steadies, but things still look ugly for those with major skin in the game.
CointelegraphSome analysts expect something to happen to Bitcoin in the near future, when all the institutional selling is over and money is pouring into the market.
CointelegraphBitcoin price fell to new lows of $36,000, analysts say a "Hail Mary close above $39,600" is needed to avoid a bearish shift in Bitcoin's market structure.
CointelegraphA catastrophic crash in global stock markets is not out of the question, and a "stagflation shock" is already brewing.
CointelegraphBoth cryptocurrencies and stocks faced more pain on May 6, as traders saw no signs of easing the rally so far.
CointelegraphMore pain for both crypto and stocks on May 6 as traders see no hint of a relief rally coming so far.
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