bctd.news
El Salvador’s president Nayib Bukele, informed that the country has added 420 Bitcoins worth about $25 M.
The price per coin was about $59.500. Bukele informed that the country has already benefited from the BTC it brought as, after the purchase, the BTC price grew.
It was a long wait, but worth it.
— Nayib Bukele 🇸🇻 (@nayibbukele) October 27, 2021
We just bought the dip!
420 new #Bitcoin🇸🇻
Currently, El Salvador holds around 1.120 bitcoins. The average buying price per coin is around $53.300.
On Sept 7,2021, El Salvador recognized BTC as a legal tender, becoming the first country to do so. That day and a day before the government bought 550 BTC in total. On Sept 19, the government added another 150 coins.
At the moment, BTC trades at about $60.500. The coin's price is up by 2.7% over the last day. BTC market cap stands at over $1.1 trillion and its market dominance index is 44.4%.
Total crypto market cap stands at over $2.57 trillion.