El Salvador Bitcoin News Largely Ignored by Markets

A push by El Salvador’s president to embrace bitcoin as the country’s legal tender is not seen as having much of an impact on the $663 billion bitcoin market, even if it does inspire other countries to do the same.

Investors, analysts and economists were assessing the potential price ramifications Monday after President Nayib Bukele said Saturday he will submit a bill this week to recognize bitcoin as the Central American nation’s legal tender.

So far, the market isn’t giving much…


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