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Wednesday

23 June 2021

Institutions Double Down on Bitcoin after El Salvador Made BTC Legal Tender

Institutions Double Down on Bitcoin after El Salvador Made BTC Legal Tender


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Institutions Double Down on Bitcoin after El Salvador Made BTC Legal Tender.

Data, on June 11, reveals that there has been a sharp uptick in total transfer volumes of BTC from Over-the-counter (OTC) desks starting mid-week when El Salvador made Bitcoin legal tender.

Of note, El Salvador might have made BTC legal tender.

However, crypto analysts say El Salvador won’t be the last country to make Bitcoin legal tender even amid apprehensive economists.

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