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 | 58.4% | 89 | $29 797.50 | 1.78% | -0.41% | $567 609 015 596 |  |
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|---|---|---|---|---|---|---|---|---|---|---|
| 2 |  ETH |
Ethereum predictions | 56.4% | 88 | $1 976.21 | 0.56% | -2.84% | $238 954 464 492 |  |
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| 3 |  USDT |
Tether predictions | 94% | 1 | $0.998942 | -0.01% | 0% | $73 197 575 085 |  |
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| 4 |  BNB |
Binance Coin predictions | 59.2% | 85 | $332.54 | 3.65% | 10.37% | $54 295 589 528 |  |
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| 5 |  USDC |
USD Coin predictions | 94% | 1 | $1.000323 | 0.04% | 0.02% | $53 422 966 109 |  |
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| 6 |  XRP |
XRP predictions | 58.4% | 91 | $0.402609 | -1.06% | -6.04% | $19 463 373 242 |  |
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| 7 |  BUSD |
Binance USD predictions | 96% | 1 | $1.000280 | 0.05% | 0.01% | $18 311 484 205 |  |
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| 8 |  ADA |
Cardano predictions | 59.6% | 92 | $0.518492 | 1.08% | -7.75% | $17 493 413 044 |  |
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| 9 |  SOL |
Solana predictions | 59.2% | 92 | $49.18 | 0.18% | -9.36% | $16 686 805 636 |  |
|
| 10 |  DOGE |
Dogecoin predictions | 56.8% | 88 | $0.083335 | 0.30% | -6.22% | $11 056 071 504 |  |
|
| 11 |  DOT |
Polkadot predictions | 57.2% | 92 | $10.05 | 2.61% | -3.60% | $9 928 054 647 |  |
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| 12 |  WBTC |
Wrapped Bitcoin predictions | 60.4% | 89 | $29 763.34 | 1.86% | -0.45% | $8 214 769 231 |  |
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| 13 |  AVAX |
Avalanche predictions | 59.6% | 91 | $28.63 | -0.23% | -13.98% | $7 753 109 952 |  |
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| 14 |  TRX |
TRON predictions | 72.8% | 57 | $0.080951 | 0.80% | 12.50% | $7 660 741 401 |  |
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| 15 |  DAI |
Dai predictions | 96% | 1 | $1.000068 | 0.05% | -0.04% | $6 575 909 240 |  |
