El Salvador Buys Bitcoin Dip

Written By Guest User

Full article by Andrew Asmakov found here.

Key Points

  • The president of El Salvadaor, Nayib Bukele, has announced that the nation has purchased an additional 150 Bitcoin while prices have declined on Monday morning.

  • The price of Bitcoin ($BTC) has fallen over 10% in the past 24 hours, currently residing at a $43,400 valuation at the time of writing.

  • Bukele tweeted out “they can never beat you if you buy the dips.”

Screenshot 2021-09-20 at 15-02-14 Nayib Bukele 🇸🇻 on Twitter.png

  • 400 Bitcoin were purchased by the El Salvadoran government on September 6th, one day before it became the first country in the world to formally recognize Bitcoin as legal tender.

Guest User
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