Bitcoin bruised after chaotic debut as legal tender in El Salvador


FILE PHOTO: A representations of virtual currency Bitcoin is seen in front of a stock graph in this illustration taken, May 19, 2021. REUTERS/Dado Ruvic/Illustration

TOKYO: Bitcoin licked its wounds on Wednesday, a day after its heaviest losses in 2-1/2 months as El Salvador's historic adoption of the crypto asset as legal tender caused chaos online and on the street.

The coin last traded at $46,560, having endured wild trade the day before in which it hit a near four-month high of $52,956 before plunging 11.1%, its largest fall since June 2.

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Bitcoin , El Salvador , digital currency

   

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