BTC Tumbles to 52-Week Low, El Salvador Minister Unperturbed

Even as prices of the world’s largest cryptocurrency by market capitalization Bitcoin (CRYPTO: BTC) briefly slipped below $21,000 levels, its 52-week low, Finance minister of El Salvador Alejandro Zelaya says he can only “smile” when warned about fiscal risks. BTC fell to a low of $20,950 in the early hours of Tuesday morning but quickly recovered to trade around $22,200 levels, down around 7% in the day, according to data from Coinmarketcap.