(CNBC) The price of bitcoin fell Tuesday after breaking through $52,000 late Monday, reaching its highest level since May. The price action comes on the day El Salvador is set to adopt the largest cryptocurrency by market cap as legal tender, becoming the first country to do so. Bitcoin dropped as much as 16% on Tuesday morning.
Bitcoin tumbles nearly 10% as El Salvador adopts it as legal tender
This entry was posted in Syndicated. Bookmark the permalink.
