El Salvador Purchases 150 new Bitcoins, Bukele: Buys the dip, Now Holds 700 coins
President Nayib Bukele of El Salvador announced on his Twitter Monday that the central American nation bought 150 new Bitcoins from the dip and now accumulates 700 coins.
Bitcoin has continuously become the trending issue in El Salvador. President Bukele announced on Twitter Monday that the country has purchased extra bitcoins with his new profile picture. Giving his “presidential advice”, Bukele said that people would not be beaten if ”they buy the dips”, referring to purchase Bitcoins from the relative “low” price.
“We just bought the dip. 150 new coins! El Salvador now hold 700 coins”.
Most of the cryptocurrency prices slumped on Monday, triggered by the operational risk and its default risk from the development of the China Evergrande Group. Bitcoin was trading at $44,978 during the intraday day, according to the