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BTC Adollar43K. Bitper oin holding up better than teper h – Messari CEO

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Its been a historic week for all the wrong reasons, with Bitcoin notching up an unprecedented seventh weekly close in the red. The spectacular collapse of Terra and UST saw around AU$400B wiped off the total market cap of crypto mid-week, with Bitcoin and Ethereum crashing to lows not seen since 2020, Tesla, El Salvador, and MicroStrategys Bitcoin holdings all went into the red. After trading as low as AU$38K (US$26.5K) Bitcoin is back at AU$43K (US$30.1K) to cap the loss for the week at – 4%. Ethereum lost 12% to trade at just over AU$2,900 (US$2K). XRP lost 15%, Cardano (-9%), Solana (-16%) and Polkadot (-2%). The Crypto Fear and Greed Index improved, but is still at 14 or Extreme Fear.

44 countries talk Bitcoin in El Salvador

President Nayib Bukele announced that 32 central banks and 12 financial authorities from 44 countries are due to meet today in El Salvador to discuss financial inclusion, digital economy, banking the unbanked and El Salvadors Bitcoin rollout. Ghana, Kenya, Pakistan, Uganda, Haiti, Jordan, Honduras and Madagascar are among them.

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