ETHER AND DOGECOIN JOIN'S CRYPTO BOUNCE BACK AFTER EL SALVADOR ADOPTS BTC AS CURRENCY

The crypto market rebounded again on Wednesday as Bitcoin, Ethereum (Ether), Cardano (ada) and Dogecoin showed signs of recovery after a major price plunge earlier this week.
The cryptocurrency is fueled by news from El Salvador that BTC will be officially recognized as a legal tender, allowing people to pay for goods and services in Central American countries.

Bitcoin’s price rose 5% shortly after the announcement, and other major cryptocurrencies also rose a few points.

The uptrend brought the total market cap of all cryptocurrencies above $1.5 trillion and halted the price decline that began in mid-April, at least for now.

Bitcoin has stubbornly refused to fall below $30,000 during the recession, and some analysts see the mark as a non-profit point and the final sign that it has entered a bear market.