Bitcoin's rise coincides with announcements made by El Salvador's president who spoke during a national address on Thursday evening.
Bitcoin rose for a third straight day after El Salvador announced the date it would officiate the crypto as legal tender and gift every citizen $30 via an e-wallet.
The world’s most valuable crypto is currently up over 5% on a 24-hour basis and is changing hands for around $34,294, according to CoinDesk 20 data. Most other cryptocurrencies in the top 20 by market value are up between 2-17% over the same 24-hour period with Dogecoin posting the strongest daily gains.
Source Link