Re: 7th September 2021 Bitcoin becomes legal tender first in history
El Salvador government will on the 7th of September accept bitcoin as a legal currency within the country, can we say we are in for another long runoff for Bitcoin market.
It is only a reason to hype the market. Legal tender in El Salvador won't change the whole picture and global adoption of Bitcoin.Additionally but more importantly, this positive news already was reflected on the price of Bitcoin.
"Buy the rumor, sell the news". It is not a new news and you can not expect too much from it.
