After soaring to more than $52,000 in value just last week, Bitcoin prices have fallen to around $42,000 on Wednesday after El Salvador officially established the major coin as a form of legal tender on Tuesday 7 September.
As of 21:13am, Bitcoin’s price today (9 September) was fluctuating around $46,562.73 according to Coindesk.com
XRP dropped from 1.$38 to $0.95 and ADA dropped from $3.10 to $2.20. XRP and ADA were the main cryptocurrencies leading the latest market crash, with values of both down over 20% on the last 24 hours.
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