KRAKEN SAYS SOME CLIENTS EXPERIENCING DELAYS WHILE USING INSTANT FUNDING METHODS, RESULTING IN SLIGHT DELAYS FOR DEPOSITS TO BE AVAILABLE FOR TRADING

GEMINI - TEMPORARILY ENTERING FULL MAINTENANCE PERIOD TO ADDRESS AN EXCHANGE ISSUE THAT IS CAUSING PLATFORM PERFORMANCE ISSUES

Update (1120ET): Bitcoin prices are spiking back higher after getting clubbed like a baby seal earlier...

It appears El Salvador is "buying the dip"...

Bitcoin (and Ethereum) just took a second, larger, leg lower after ramping across the long weekend ahead of El Salvador's 'Bitcoin Day' legal tender rollout.

Bitcoin plunged from $53k to below $46k...

Did someone want to show El Salvador the error of their crypto adoption ways?

Cointelegraph contributor Michaël van de Poppe suggests Bitcoin needs to hold the area between $49,500 and $50,000 in order to preserve its trajectory.

"If that is holding, we're going to look at $58,000 next," he said in his latest YouTube update.

"If it doesn't hold, I'm going to look at $44,000 next, as there might be a swift downwards move."

And Ethereum has crashed back to almost $3000 from $4000...