The computing power and difficulty of bitcoin mining are dropping due to pressure from China on local miners.
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Bitcoin this Monday again surpassed the $ 40,000 level, to which it has not climbed since May 27.
El Salvador has laid down a real trend in the adoption of cryptocurrencies.
While traders are recovering from the night fall in bitcoin, the largest cryptocurrency exchange Binance sent out a letter to its users, in which it recalled the basic rules of trading on its Binance P2P platform. However, these tips are universal, so they are suitable for anyone who is engaged in OTC cryptocurrency trading.
Bitcoin cryptocurrency became legal tender in one of the Latin American countries this week.
The bitcoin yen pulled away from the main support of the week at $ 31,000, which allowed more buyers to enter the market, supporting the growth to the $ 40,000 level.
According to SimilarWeb, the Internet traffic of cryptocurrency exchanges increased sharply in May.
The Texas Department of Banking has allowed state banks to store cryptocurrencies.
Investment management company Victory Capital announced that it intends to enter the cryptocurrency market and shared its plan. Private funds will be launched using the Nasdaq Crypto Index (NCI), a multi-coin index co-developed by Nasdaq and Hashdex.
The price of the main cryptocurrency reached $ 34.5 thousand, and its capitalization increased to $ 643 billion
