FxWirePro- Major Crypto levels and bias summary 
South Africa Eyes ECB Repo Lines as Inflation Eases and Rate Cuts Loom 
RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal 
Gold and Silver Prices Climb in Asian Trade as Markets Eye Key U.S. Economic Data 
Australian Pension Funds Boost Currency Hedging as Aussie Dollar Strengthens 
India–U.S. Interim Trade Pact Cuts Auto Tariffs but Leaves Tesla Out 
Russian Stocks End Mixed as MOEX Index Closes Flat Amid Commodity Strength 
Indian Refiners Scale Back Russian Oil Imports as U.S.-India Trade Deal Advances 
Asian Stocks Slip as Tech Rout Deepens, Japan Steadies Ahead of Election 
Global Markets Slide as AI, Crypto, and Precious Metals Face Heightened Volatility 
El Salvador President Nayib Bukele changed his Twitter profile to that of a McDonald’s employee after bitcoin’s latest plunge that brought the cryptocurrency down as much as 50 percent from its highs.
Bukele’s new Twitter profile has a reference to an internet meme indicating future career prospects as McDonald’s employees and getting as low as $11 per hour when bitcoin slumps.
Bitcoin slid early Monday to fall below $34,000 and more than 50 percent down from its record high.
El Salvador has been buying bitcoin and has adopted it as legal tender under Bukele.
According to Coindesk, El Salvador now holds over 1,500 bitcoin, worth around US$53 million.
However, since El Salvador adopted bitcoin as legal tender, its 5-year credit default swaps have soared from 412.54 to 1,812.81, according to S&P Global Market Intelligence.
