Why Does the Price of Bitcoin Fluctuate?

Bitcoin, the first decentralized digital currency, has been a subject of fascination and speculation since its inception in 2009. Its price volatility is one of the most discussed aspects of this cryptocurrency. Understanding why Bitcoin’s price fluctuates can provide insights into the broader cryptocurrency market and help investors make informed decisions. This article explores the …

Bitcoin price collapses after crypto wallet malfunction in El Salvador

The Bitcoin exchange rate fell by more than 17% yesterday amid the failure of the Chivo payment application, which was developed by the authorities of El Salvador, where the cryptocurrency has been recognized as the official currency since September 7. According to Bloomberg, on Tuesday in New York, the largest cryptocurrency fell to $ 43,050. …