Bitcoin Tumbles to $68K; El Salvador's Bitcoin 'Piggy Bank'

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Bitcoin Tumbles to $68K; El Salvador's Bitcoin 'Piggy Bank'
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'CoinDesk Daily' host Jennifer Sanasie breaks down the biggest headlines impacting the crypto industry today, as the price of bitcoin (BTC) fell to as low as $67,000 during Friday's Asian trading hours, before recovering to the $68,000 level.

"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines impacting the crypto industry today, as the price of bitcoin fell to as low as $67,000 during Friday's Asian trading hours, before recovering to the $68,000 level.Bitcoin Tumbles and El Salvador has more of the largest Cryptocurrency by market cap than previously revealed. You're watching Coin desk daily. I'm your host, Jen Sani Bitcoin tumbles to $67,000.

El Salvador has more Bitcoin than we thought the Central American country moved $400 million in Bitcoin into a cold storage wallet this week. The disclosure by President Nay Bukele nearly doubled the country's known holdings of the largest Cryptocurrency by market cap. President Bukele revealed the wallet on X representing the first time the nation's holding has been tied to a specific address and Bitcoin layer two project BVM gains traction with the promise of juicy airdrops.

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