Thinking back to when el salvador made bitcoin legal tender, I'm curious about how btc performed in its first week under the new law. Could you share the closing price of bitcoin for each of the seven days immediately after the adoption date, and let me know if the average closing price for that week was higher or lower than the closing price on adoption day?
['El Salvador officially adopted Bitcoin (BTC) as legal tender on September 7, 2021.', 'The closing price of Bitcoin on September 7, 2021, was $52,739.80.', 'The average closing price of Bitcoin over the seven days from September 8 to September 14, 2021, was $45,847.61.', 'The average closing price of Bitcoin for the week following September 7, 2021, was $6,892.19 lower than the closing price on September 7, 2021.']
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[{"content":"I need to find the exact date when El Salvador officially adopted Bitcoin as legal tender, so I'll use the `brave-search_brave_web_search` tool with the parameter `\"query\": \"El Salvador Bitcoin legal tender adoption date\"`\n","role":"assistant","tool_calls":[{"function":{"arguments":"{\n  \"query\": \"El Salvador Bitcoin legal tender adoption date\"\n}","name":"brave-search_brave_web_search"},"id":"b33f1b0c-5c9d-4cfa-9a0b-a875ec497c5e","type":"function"}]},{"content":[{"text":"Title: El Salvador's law: a meaningful test for Bitcoin\nDescription: The financial services industry faces disruption: new entrants, technology and changing customer needs. Navigate the changes from strategy to execution.\nURL: https://www.pwc.com/gx/en/financial-services/pdf/el-salvadors-law-a-meaningful-test-for-bitcoin.pdf\n\nTitle: Bitcoin in El Salvador - Wikipedia\nDescription: On <strong>June 9, 2021</strong>, the Legislative Assembly of El Salvador voted to adopt the Bitcoin Law, that would make the cryptocurrency legal tender in the country, with a majority vote of 62 of the 84 deputies in favor. The government announced that it had set aside $150 million in cash to back the country&#x27;s ...\nURL: https://en.wikipedia.org/wiki/Bitcoin_in_El_Salvador\n\nTitle: El Salvador: Launching Bitcoin as Legal Tender - Case - Faculty & Research - Harvard Business School\nDescription: In <strong>June 2021</strong>, Nayib Bukele, El Salvador’s president, surprised the world with the announcement that the country would adopt bitcoin as legal tender, becoming the first nation to do so. Bitcoin was mostly used for trading and had one of the most volatile track records among assets.\nURL: https://www.hbs.edu/faculty/Pages/item.aspx?num=62068\n\nTitle: In a world first, El Salvador makes bitcoin legal tender | Reuters\nDescription: SAN SALVADOR, <strong>June 9</strong> (Reuters) - El Salvador became the first country in the world to adopt bitcoin as legal tender after Congress on Wednesday approved President Nayib Bukele’s proposal to embrace the cryptocurrency, a move that delighted the currency’s supporters.\nURL: https://www.reuters.com/world/americas/el-salvador-approves-first-law-bitcoin-legal-tender-2021-06-09/\n\nTitle: El Salvador becomes first country to adopt bitcoin as legal tender after passing law\nDescription: <strong>El</strong> <strong>Salvador</strong> just became the first country to <strong>adopt</strong> <strong>bitcoin</strong> <strong>as</strong> <strong>legal</strong> <strong>tender</strong>.\nURL: https://www.cnbc.com/2021/06/09/el-salvador-proposes-law-to-make-bitcoin-legal-tender.html\n\nTitle: Bitcoin is no longer legal tender in El Salvador | Digital Watch Observatory\nDescription: Despite increasing tourism and global attention, the initiative failed to improve financial inclusion or the economy, with reports suggesting minimal use and acceptance of Bitcoin by <strong>2024</strong>.\nURL: https://dig.watch/updates/bitcoin-is-no-longer-legal-tender-in-el-salvador\n\nTitle: El Salvador Accepts Bitcoin as Legal Tender\nDescription: Bitcoin officially became legal tender in El Salvador on <strong>Sept. 7, 2021</strong>, making it the first country to adopt the currency.\nURL: https://www.investopedia.com/el-salvador-accepts-bitcoin-as-legal-tender-5200470\n\nTitle: Bitcoin Law - Wikipedia\nDescription: The law was passed by the Legislative Assembly on 9 June 2021, with a majority vote of 62 out of 84. Bitcoin became legal tender on <strong>7 September 2021</strong>, 90 days after the publication of the law in the official gazette, which makes El Salvador the first country to have bitcoin as legal tender.\nURL: https://en.wikipedia.org/wiki/Bitcoin_Law\n\nTitle: El Salvador’s Experiment with Bitcoin as Legal Tender | NBER\nDescription: In <strong>September 2021</strong>, El Salvador became the first country to make bitcoin legal tender, requiring all businesses to accept the cryptocurrency.\nURL: https://www.nber.org/digest/202207/el-salvadors-experiment-bitcoin-legal-tender\n\nTitle: El Salvador Adopted Bitcoin as an Official Currency; Salvadorans Mostly Shrugged | Yale Insights\nDescription: El Salvador took a different path toward digital payments. In <strong>2021</strong>, in order to promote financial inclusion and job creation and facilitate remittances, it became the first country to adopt Bitcoin as a legal tender.\nURL: https://insights.som.yale.edu/insights/el-salvador-adopted-bitcoin-as-an-official-currency-salvadorans-mostly-shrugged","type":"text"}],"role":"tool","tool_call_id":"b33f1b0c-5c9d-4cfa-9a0b-a875ec497c5e"},{"content":"Now, I'll retrieve the closing price of Bitcoin on the adoption date (September 7, 2021) using the `alchemy_fetchTokenPriceHistoryBySymbol` and for the seven days following the adoption date using the alchemy_fetchTokenPriceHistoryBySymbol tool with the parameters \"symbol\": \"BTC\", \"startTime\": \"2021-09-07\", \"endTime\": \"2021-09-14\", and \"interval\": \"1d\".\n","role":"assistant","tool_calls":[{"function":{"arguments":"{\n  \"symbol\": \"BTC\",\n  \"startTime\": \"2021-09-07\",\n  \"endTime\": \"2021-09-14\",\n  \"interval\": \"1d\"\n}","name":"alchemy_fetchTokenPriceHistoryBySymbol"},"id":"c0bf3396-90f4-43fd-9c08-050763ffdb24","type":"function"}]},{"content":[{"text":"{\n  \"symbol\": \"BTC\",\n  \"currency\": \"usd\",\n  \"data\": [\n    {\n      \"value\": \"52739.8001663455\",\n      \"timestamp\": \"2021-09-07T00:00:00Z\"\n    },\n    {\n      \"value\": \"46995.1641709598\",\n      \"timestamp\": \"2021-09-08T00:00:00Z\"\n    },\n    {\n      \"value\": \"46085.0286157819\",\n      \"timestamp\": \"2021-09-09T00:00:00Z\"\n    },\n    {\n      \"value\": \"46518.9411866024\",\n      \"timestamp\": \"2021-09-10T00:00:00Z\"\n    },\n    {\n      \"value\": \"44802.606402497\",\n      \"timestamp\": \"2021-09-11T00:00:00Z\"\n    },\n    {\n      \"value\": \"45196.4882775582\",\n      \"timestamp\": \"2021-09-12T00:00:00Z\"\n    },\n    {\n      \"value\": \"46195.2183008294\",\n      \"timestamp\": \"2021-09-13T00:00:00Z\"\n    },\n    {\n      \"value\": \"45139.8339687327\",\n      \"timestamp\": \"2021-09-14T00:00:00Z\"\n    }\n  ]\n}","type":"text"}],"role":"tool","tool_call_id":"c0bf3396-90f4-43fd-9c08-050763ffdb24"},{"content":"Now that I have the daily closing prices for Bitcoin over the seven days following the adoption date, I'll use the `calculator_calculate` tool to find the average of those seven closing prices.\n","role":"assistant","tool_calls":[{"function":{"arguments":"{\n  \"expression\": \"(46995.1641709598 + 46085.0286157819 + 46518.9411866024 + 44802.606402497 + 45196.4882775582 + 46195.2183008294 + 45139.8339687327) / 7\"\n}","name":"calculator_calculate"},"id":"5b4a8b67-9ad6-488b-b294-42d624898d0e","type":"function"}]},{"content":[{"text":"45847.61156042305","type":"text"}],"role":"tool","tool_call_id":"5b4a8b67-9ad6-488b-b294-42d624898d0e"},{"content":"Now that I have the average closing price for Bitcoin over the seven days following the adoption date (45847.61156042305) and the closing price on the adoption day (52739.8001663455), I'll use the `calculator_calculate` tool with the expression `45847.61156042305 - 52739.8001663455` to determine whether the average weekly price was higher or lower than the price on the adoption date.\n","role":"assistant","tool_calls":[{"function":{"arguments":"{\n  \"expression\": \"45847.61156042305 - 52739.8001663455\"\n}","name":"calculator_calculate"},"id":"0ed96729-6ca5-421c-95a3-d820fbe86d0a","type":"function"}]},{"content":[{"text":"-6892.188605922449","type":"text"}],"role":"tool","tool_call_id":"0ed96729-6ca5-421c-95a3-d820fbe86d0a"}]