Why is bitcoin falling? BTC price crashing in latest blow to cryptocurrency

Bitcoin saw a boost in its price over the past week after El Salvador passed the Bitcoin Law through Congress.

With the passing of the bill, El Salvador became the first country in the world to adopt the cryptocurrency as legal tender.

However, the World Bank has revealed it will not assist in the country's mission to introduce bitcoin as a mainstream form of currency over the next three months.

The 90-day deadline put in place could make it tougher for El Salvador without the assistance of the World Bank, who cited environmental and transparency concerns.

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