El Salvador President Nayib Bukele took a victory lap on Monday after the Bank of England’s British pound rapidly depreciated against the dollar. The institution has since resumed quantitative easing. Its action marks a clear pivot that many in the Bitcoin community predicted central banks would be forced into months in advance. Bukele’s Callout Bukele tagged the Bank of England with a triumphant “Told you,” over Twitter, scoring over 14,000 like and 2000 retweets from his followers. His brief comment…
Tag: The Bulls Are Back
WMA: The Bulls Are Back as Bitcoin Tops $40,000 and Altcoins Record Massive Gains
Get the weekly summary of cryptocurrency market trends, news, and forecasts! This Week’s Summary The Crypto Market ends the week at a total market capitalization of $1,655 trillion. Bitcoin is up by roughly 21% after an enthusiastic week. Ethereum has increased by over 19% over the past seven days. XRP records a 25% value boost over the week. Dogecoin, Polkadot, and Cardano end the week with significant value boosts. The DeFi sector added almost $10 billion to the total value…
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