Cryptocurrency Breaking News on June 7

The new work week started with a moderately growing Bitcoin (BTC). As of 06:05 (Moscow time), the cryptocurrency was traded at $ 36,699. Although traders feared that Bitcoin would fall below the $ 35,000 level over the weekend.

Ethereum’s price also increased at the beginning of the week. As of this writing, the coin is trading at $ 2791.

Over the past week, the ten leaders in terms of capitalization in the CoinMarketCap rating have also increased in value. In 24 hours, Polkadot (+ 4.09%) grew more than others, and Binance Coin (+ 30.33%) over the week.

Among the top 100 in the ranking of the most capitalized cryptocurrencies, the best daily growth was recorded by Waves (+ 15.36%), and Theta Fuel (+ 58.20%) over the week. And the largest drop in the rate over the past 24 hours was shown by the UNUS SED LEO coin (-6.18%). And for the week – Revain (-10.51%).

Breaking News Over the Weekend

– President of El Salvador Naib Bukele while speaking at a blockchain conference in Miami said that in El Salvador Bitcoin can be recognized as a legal tender.

“We hope that this decision will be the first step in creating a space where some of the leading innovators can rethink the future of finance, potentially helping billions of people around the world,” Bukele explained his initiative.

– The group of hackers Anonymous accused Elon Musk of manipulating the cryptocurrency market. They believe that the businessman’s careless publications have led to instability in the field and considerable financial losses for many people.

In addition, according to Anonymous, the reason for the businessman’s refusal to accept payment in Bitcoins is not that he cares about the environment. Hackers believe that Musk simply wants to curry favor with the US government and keep government subsidies.

“You think that you are the smartest here, but now you have met a worthy opponent. We are Anonymous! We are the Legion! Wait for us,” – said the hackers.

– An alternative form of saving money is gaining popularity in Australia. Every fifth Australian believes that he will be able to make money for the property he is interested in by investing in cryptocurrency. Kraken analysts came to such conclusions in their research. Many Australians explained their choice of cryptocurrencies by the drop in the efficiency of traditional savings.

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