It's plummeting every time :) As much as I don't like the "don't look at this (this week's chart), look at this (last 2 years chart)" meme, it really applies each time there's a crypto crash reported by every news site. Still, we recovered every time. Let's see how the price is going in 3 months.
You 'recover' only if you have the luxury of not needing to sell during the downturn. By that metric, no major stock index has ever gone down except for Japan's Nikkei, which never again reached its 1990 peaks.
El Salvador has an $800m bond repayment due in Jan 2023. You can't make repayments in crypto, so some of their securities holdings will need to be sold in order to make payments. You might not feel the market downturn, but they certainly will.
Literally nothing? Every time there's a hiccup I see plenty of people frantically engaging in a propaganda effort as if their life savings depended on it.
