Today news
About the same in other media
El Salvador stacks 150 Bitcoin after BTC price crashes below $50k
Reading now: 445
The Republic of El Salvador has procured 150 Bitcoin (BTC) amid the biggest bear market since Bitcoin attained an all-time high of nearly $68,000 back in the first week of November.
Salvadoran president Nayib Bukele announced the purchase of 150 BTC as the market price momentarily slipped below $50,000 after losing over 15% in market value.
El Salvador just bought the dip! 150 coins at an average USD price of ~$48,670 #Bitcoin
While Bukele’s government was able to make the purchase at $48,670 per coin, the bear market temporarily brought down the Bitcoin price to almost $42,000 after falling over 37% from its all-time high.
Bukele also acknowledged missing out on purchasing Bitcoin at its bottom as he tweeted:
With this purchase, El Salvador’s
Read more on cointelegraph.comAbout this in other media
Lack of Transparency Blighting El Salvador’s Bitcoin Adoption, Critics Say cryptonews.com /2 years ago
Analyst says Bitcoin is 'on sale' after BTC price dips below $54,000 cointelegraph.com /2 years ago
Paraguayan Senate to Debate Taking Bitcoin Mining ‘Out of the Grey Area’ cryptonews.com /2 years ago
Show more
The website gocryptonft.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
