Saturday, May 21, 2022
HomeBitcoinEl Salvador Buys The Wild Bitcoin Dip With 500 BTC Buy

El Salvador Buys The Wild Bitcoin Dip With 500 BTC Buy



  • El Salvador purchased the dip with a purchase order of 500 BTC.
  • The BTC buy bolsters the already stacked reserves of El Salvador with a complete of 1,620 BTC presently valued simply shy of $50 million at time of writing.
  • President Bukele has a confirmed observe document of dip-buying bitcoin throughout flash crashes.

El Salvador simply purchased the wild Bitcoin dip in the present day with a 500 BTC buy, at a median worth of $30,744, in keeping with a tweet from President Nayib Bukele.

The full buy worth involves $15.3 million including to the rising bitcoin reserves of El Salvador. With a cumulative 1,620 BTC the entire reserves presently sit at $49.5 million with the present worth of BTC hovering at $30,600, down from the all-time-highs of over $67,000.



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