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

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

The President of El Salvador has announced that he will make Bitcoin legal tender in his country

The President of El Salvador has announced that he will make Bitcoin legal tender in his countryInstitutional investors are ramping up their Bitcoin purchase, data from GlassNode—a crypto analytics platform, shows. Institutions Flock to Bitcoin 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. The surge in trading volumes

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