El Salvador takes advantage of the purchase and collects 1,098 Bitcoin (Bitcoin-BTC) in 7 days


El Salvador continues to earn a lot of money, using the Central American market to buy on Tuesday, about $ 100 million, according to … More about Bitcoin (Bitcoin). For his part, the President of Salvador Nayodo Nayob Bukele published a picture of X on the platform showing that the government of the people… Like bitcoin El Salvador bought 1,098.19 Bitcoin in the last seven days, adding a total of 7,474.37 BTC, worth $688 million.

Despite the volatility of the markets, the government continues to support its own economy by adding one currency every day. El Salvador – one of the first countries to adopt this product – has been buying bitcoin every day since Pureziden the President of Salvador announced this method in November 2022.

Foreign countries take advantage of the low price of Bitcoin to buy

El Salvador’s experimental method of continuing to buy bitcoin – even during difficult times – shows a long way to encourage digital savings. André Holkosch, economic researcher and head of European Research, Evervey countries are taking advantage of the low price of Bitcoin to buy financial solutions around the world.

For him, Stacy Herbert, the head of the Bitcoin office in El Salvador, explained Bitcodor, explained Bitcoror, and gave power, with the twinning of his account.

At the same time, the Czech National Bank (CNB) recently revealed the total amount of money stored in digital assets, the purchase of many coins and other digital currencies is worth $ 1 million.

Bitcoin price continues to decline, so now is the best time to buy?

The Asian markets opened their session today, Tuesday, with the price of bitcoin falling below the market price, thus after the bitcoin. Money.

Also, short bitcoin sellers (those who had held less than three months) sold a total of 148,000 bitcoins available as:

While El Salvador’s purchase of Bitcoin for $100 million gave it a breathing space, its power was exhausted due to the threat of selling the currency in order to achieve reduced prices.

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