El Salvador says the country has bought an additional 150 bitcoin

El Salvador says the country has bought an additional 150 bitcoin

Someone else is selling them

Bitcoin

It’s a wild day in the crypto market.

Depending on whether El Salvador bought them 8 hours ago or 8 minutes ago, that is a wildly varying trade.

Crypto prices have had a big bounce from the lows a few minutes ago. Ethereum held just above $3000 and the low in BTC was precisely $43,000 on my screen.

You have to wonder if there’s a big ‘sell the fact’ trade ongoing.

There’s also talk that Coinbase is down but I’m not sure if that came before or after the drop.

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