El Salvador’s bitcoin move causes rise, altcoins relatively slow

Jun 10, 2021 AlShorts Web Desk

After touching new lows post April’s all time high, Bitcoin rallied a little over USD36,000 yesterday. It jumped 13.60% to USD37,180 during the rally, coming down to USD36,000. The rally came after El Salvador became the first country to declare Bitcoin as a legal tender. Analysts believe that bitcoin is currently on fragile levels, and can make a move on either side.