El Salvador's Bitcoin Bill Raises Issues
International Monetary Fund (IMF) spokesman Gerry Rice said the organization is following developments in El Salvador “closely” ahead of a meeting with the nation’s officials on Thursday. The IMF believes El Salvador’s move to adopt bitcoin as legal tender raises various issues, the spokesperson said. Earlier this week the Central American country became the first in the world to recognize the cryptocurrency as legal tender and mandate its acceptance across all businesses.
Rice said on Thursday that adoption of bitcoin as legal tender raises a number of macroeconomic, financial and legal issues that require very careful analysis so we are following developments closely and will continue our consultation with authorities.
A supermajority of the nation’s legislature voted in favor of President Nayib Bukele’s proposal for the Latin American nation to adopt bitcoin on Tuesday.
Top Cryptocurrencies with Price Predictions
| # | Crypto | Prediction | Accuracy | CVIX | Price | 24h | 7d | Market Cap | 7d price change | |
| 1 |  BTC |
Bitcoin predictions | 62.4% | 76 | $23 195.66 | -1.29% | -1.50% | $447 262 989 624 |  |
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|---|---|---|---|---|---|---|---|---|---|---|
| 2 |  ETH |
Ethereum predictions | 69.2% | 57 | $1 649.37 | -2.09% | 2.18% | $201 839 732 133 |  |
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| 3 |  USDT |
Tether predictions | 91.2% | 1 | $1.000217 | 0.01% | 0% | $68 079 422 781 |  |
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| 4 |  BNB |
Binance Coin predictions | 79.6% | 38 | $328.36 | -0.90% | 4.32% | $51 848 565 385 |  |
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| 5 |  USDC |
USD Coin predictions | 93.2% | 1 | $0.999942 | -0.01% | -0.03% | $41 988 565 849 |  |
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| 6 |  XRP |
XRP predictions | 74.8% | 42 | $0.404201 | -2.02% | -1.97% | $20 533 036 252 |  |
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| 7 |  BUSD |
Binance USD predictions | 91.6% | 1 | $0.999723 | -0.07% | -0.02% | $16 253 765 776 |  |
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| 8 |  ADA |
Cardano predictions | 69.2% | 64 | $0.393348 | -2.60% | 1.16% | $13 613 460 494 |  |
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| 9 |  DOGE |
Dogecoin predictions | 74.8% | 51 | $0.092617 | -1.65% | 3.10% | $12 287 566 308 |  |
|
| 10 |  MATIC |
Polygon predictions | 68% | 67 | $1.21 | -2.86% | 1.52% | $10 591 629 612 |  |
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| 11 |  STETH |
Lido stETH predictions | 92.4% | 1 | $2 941.39 | -0.40% | -3.32% | $10 258 752 564 |  |
|
| 12 |  SOL |
Solana predictions | 56.8% | 86 | $23.67 | -4.58% | -3.57% | $8 819 921 992 |  |
|
| 13 |  SHIB |
SHIBA INU predictions | 67.6% | 73 | $0.000014 | 1.35% | 19.81% | $7 914 712 336 |  |
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| 14 |  DOT |
Polkadot predictions | 67.2% | 66 | $6.70 | -4.41% | 1.44% | $7 726 491 964 |  |
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| 15 |  HEX |
HEX predictions | 70% | 60 | $0.041030 | -11.76% | 52.80% | $7 114 999 412 |  |
