Browsing: crypto market downturn

El Salvador Bitcoin purchases have made headlines once again as the country bolsters its already substantial Bitcoin reserve, acquiring 12 BTC in just one day.Amid a recent crypto market downturn, President Nayib Bukele’s government took advantage of lower prices, spending over $1.1 million for 11 Bitcoin at an average price of $101,816 each.

Memecoin losses have become a hot topic in the cryptocurrency community as traders grapple with significant financial setbacks.The latest downturn in the memecoin market has left many investors reeling, with reports of individuals losing upwards of 90% of their investments within mere days.