El Salvador’s Bitcoin (BTC) investment is performing poorly, with the value of the more than 2,000 units it holds falling by about $40 million. The decline in value results from Bitcoin falling to its lowest price in more than a year due to the current market realities. El Salvador’s Bitcoin holdings in red El Salvador…
Many might have seen Bitcoin’s recent price crash as an indication of its volatility but El Salvador’s President saw this as an opportunity to increase the country’s stash of the digital asset. El Salvador buys the dip President Nayib Bukele, in a tweet yesterday, revealed that the Central American country bought 420 additional BTC, which…
A little over a month after El Salvador legitimized Bitcoin as a legal tender within its jurisdiction, and with the value of the flagship asset touching new heights during the weekend, indications have emerged that interest in it has surged drastically in the Central American country. More El Salvadorans are converting their dollars into BTC…