PROTEST OVER BITCOIN CRASHES IN EL SALVADOR

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Angry protests, technological glitches and a plummet in value marked the first day of El Salvador adopting Bitcoin as legal tender.

The price of Bitcoin yesterday crashed to its lowest in nearly a month, falling from $52,000 to under $43,000 at one point.

An opposition politician said the fall caused one of Latin America’s poorest countries to lose $3m.

The rollout of bitcoin in El Salvador was far from what President Nayib Bukele would have envisaged when he began his bold experiment.