Relentless El Salvador Ignores Market Warnings to Buy 150 BTCs After Dip

Relentless El Salvador Ignores Market Warnings to Buy 150 BTCs After Dip

(Cointelegraph) El Salvador added to its Bitcoin holdings with a further 150 tokens at a price below $46,000. 

The Bitcoin additions happen amid warnings by global agencies on making Bitcoin a legal tender and local protests against the government’s move. 

El Salvador is also accelerating Bitcoin uptake by exempting foreign investors from taxation.

El Salvador now holds 700 BTCs, with a worth of about $32 million. The country was the first to make Bitcoin a legal tender on September 7.

BTCUSD is down -8.32%.

Our Experts


Daniel Michelson

Daniel is a long term investor and position trader in the forex market.

Reva Green

Reva Green is the Senior Editor for website. An experienced media professional, Reva has close to a decade of editorial experience with a background.

Shandor Brenner

Shandor Brenner, an experienced writer at fxaudit.com, brings a wealth of knowledge with over 20 years in the investment field.

Leave a Reply

CAPTCHA ImageChange Image