Bitcoin's Performance This Week; El Salvador, Lugano Sign Agreement to Help Spread Bitcoin Adoption

Bitcoin (BTC) is hovering above $20,000 after a U.S. government report shows that an inflation gauge closely monitored by the Federal Reserve rose slower than estimated last month. Plus, the country of El Salvador and the Swiss city of Lugano have signed a memorandum of understanding (MOU) aimed at boosting bitcoin adoption in their own regions as well as neighboring states and countries.