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Bitcoin Briefly Drops Below $43K, Wipes Out Past Week's Gains

A new chart of the bitcoin price over the past week reveals the impact of Tuesday's wipeout. Bitcoin tumbled 11.3%, the most since May and plunged as low as $42,900 during the selloff. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.

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Policy

Bitcoin став законним платіжним засобом у Сальвадорі, вперше в світі

На знак підтримки прихильники Крипто купують Bitcoin на суму 30 доларів, щоб відзначити подію, відому в просторіччі як «День Bitcoin ».

Nayib Bukele asiste a la Asamblea Legislativa  por su segundo aniversario en el poder (Foto de Emerson Flores/APHOTOGRAFIA/Getty Images)

Markets

Bitcoin падає найбільше з травня, і Сальвадор купує падіння

Падіння ціни спричиняє ліквідацію торгових позицій на суму близько 3 мільярдів доларів через маржинальні вимоги.

Chart of the bitcoin price over the past week shows the impact of Tuesday's wipeout. (CoinDesk)

Markets

BTC ненадовго впав нижче 40 тисяч доларів на Huobi на тлі масової ліквідації

У вівторок було ліквідовано довгі позиції на суму понад 3 мільярди доларів.

BTC/USDT trading pair on Huobi.

Videos

Bitcoin Tumbles Most Since May

"The Hash" panel analyzes the crypto markets and outlook as all major cryptocurrencies are in the red. Bitcoin tumbled 11.3%, the most since May, leading a broad retreat from digital assets even as bullish investors touted El Salvador’s adoption Tuesday of the largest cryptocurrency as legal tender. What's going on?

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Videos

Bitcoin Now Legal Tender in El Salvador, Marking World First

Bitcoin's price fell 11.3% Tuesday as the cryptocurrency officially became legal tender in El Salvador, three months after the Bitcoin Law passed the country’s legislature. President Nayib Bukele tweeted he was “buying the dip” with “150 new coins added." The team of "The Hash" discusses El Salvador leading the world into bitcoin and the implications for the crypto community, global economy and beyond.

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Finance

Смілива ставка Сальвадору на Bitcoin може надихнути світ

Стандартна методика створення національного багатства більше T працює. Bitcoin пропонує альтернативу.

A person purchases a bottle of Coca-Cola from a shop that accepts Bitcoin in El Zonte, El Salvador, on Monday, June 14, 2021. El Salvador has become the first country to formally adopt Bitcoin as legal tender after President Nayib Bukele said congress approved his landmark proposal. Photographer: Cristina Baussan/Bloomberg via Getty Images

Finance

Закон Сальвадору про Bitcoin стосується самовизначення

Сьогодні Bitcoin став законним платіжним засобом у країні Центральної Америки.

El Salvadoran President Nayib Bukele speaks via video during a presentation at the Bitcoin 2021 conference in Miami.

Videos

Valkyrie CIO on Bitcoin as BTC Becomes Legal Tender in El Salvador

Bitcoin is now officially a legal tender in El Salvador. The cryptocurrency is declining after testing resistance near $52,000 on Monday, with initial support seen at the $50,000 breakout level. Steven McClurg, CIO and co-founder of asset management firm Valkyrie, discusses his crypto markets analysis and outlook. Plus, his take on altcoins and bitcoin ETFs.

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Videos

What Could Liquid Exchange Do Now to Prevent Future Crypto Hacks?

Seth Melamed, COO of Liquid Group, discusses Liquid Exchange’s $90 million hack and measures the firm is taking to prevent hacks like this from happening again. Plus, his reasons why he doesn’t think El Salvador’s bitcoin law is sustainable and whether he foresees Asia potentially adopting BTC as legal tender.

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