• Skip to main content
  • Skip to primary sidebar
  • Skip to footer
  • bitcoinBitcoin(BTC)$27,219.001.19%
    BITCOIN
    24H : 1.19%
    Volume : $14,767,548,393.00
    Marketcap : $527,991,741,714.00
  • ethereumEthereum(ETH)$1,904.521.90%
    ETHEREUM
    24H : 1.90%
    Volume : $7,128,422,860.00
    Marketcap : $229,119,496,546.00
  • binancecoinBNB(BNB)$307.280.580%
    BNB
    24H : 0.580%
    Volume : $526,265,214.00
    Marketcap : $48,515,790,259.00
  • rippleXRP(XRP)$0.5242.92%
    XRP
    24H : 2.92%
    Volume : $1,155,303,475.00
    Marketcap : $27,294,313,888.00
  • cardanoCardano(ADA)$0.3793.37%
    CARDANO
    24H : 3.37%
    Volume : $218,425,744.00
    Marketcap : $13,278,868,784.00
  • dogecoinDogecoin(DOGE)$0.0731.33%
    DOGECOIN
    24H : 1.33%
    Volume : $226,911,089.00
    Marketcap : $10,152,523,291.00
  • solanaSolana(SOL)$21.303.61%
    SOLANA
    24H : 3.61%
    Volume : $265,825,317.00
    Marketcap : $8,466,204,195.00
  • matic-networkPolygon(MATIC)$0.8991.02%
    POLYGON
    24H : 1.02%
    Volume : $170,431,824.00
    Marketcap : $8,342,884,630.00
  • polkadotPolkadot(DOT)$5.291.39%
    POLKADOT
    24H : 1.39%
    Volume : $122,164,740.00
    Marketcap : $6,547,009,336.00
  • okbOKB(OKB)$46.441.13%
    OKB
    24H : 1.13%
    Volume : $4,606,917.00
    Marketcap : $2,787,634,450.00
TodayinCrypto.com

TodayinCrypto.com

  • Home
  • Latest News
  • YOUTUBE RECAPS
  • CONTACT US

El Salvador buys the dip and accumulates 80 more Bitcoin despite the bearish market climate


July 1, 2022 · By Muhammad Awwal
Bitcoin (BTC)

According to President Nayib Bukele, El Salvador bought an additional 80 bitcoins (BTC) for $19,000 each on Thursday.

Bukele announced on Twitter, adding screenshots of 40 transactions worth a total of $1.52 million that took place on Thursday. 

El Salvador bought today 80 #BTC at $19,000 each!#Bitcoin is the future!

Thank you for selling cheap 😉 pic.twitter.com/ZHwr0Ln1Ze

— Nayib Bukele (@nayibbukele) July 1, 2022

According to Bukele, El Salvador last bought bitcoin in May, when the Central American nation paid $15.3 million for 500 coins, or $30,744 apiece. 

El Salvador lost its bitcoin investment by 55.03 percent based on Bukele’s announcements. The nation has purchased 2,301 coins since September for a total of $103.9 million, but its portfolio is only worth $46.6 million right now.

Alejandro Zelaya, El Salvador’s finance minister, said in May that the country had less than 0.5 percent of its annual budget in bitcoin at the time, and that the risk of accruing losses on their bitcoin investment to the country’s finances was very negligible.

Half of El Salvador’s Bitcoin investment is lost as the market collapses, but an official defends the nation’s Bitcoin strategy. 

Primary Sidebar

LATEST NEWS

Red Bull Racing Teams Up with Mysten Labs’ Sui Network for Blockchain Revolution

June 1, 2023

Gemini Exchange Set to Bedazzle UAE: Winklevoss Twins Go East

June 1, 2023

Crypto’s Role Overstated in Fentanyl Trade, Despite Warren’s Claims

June 1, 2023

Tether Expands into Renewable Energy-Powered Bitcoin Mining in Uruguay

May 31, 2023

Nansen Cuts 30% Staff Amid Prolonged Crypto Winter, Stresses Strategic Consolidation

May 31, 2023

  • Facebook
  • Instagram
  • Twitter

Newsletter

Footer

ABOUT US

TodayinCrypto is a financial media brand that strives to deliver breaking, accurate and daily news about digital assets to millions of investors in the crypto industry.

We are passionate about Bitcoin and are keen to share news about the people, companies and technological developments that are changing our world.

TODAY IN CRYPTO

  • Binance’s Market Share Plummets After Ending Zero-Fee BTC Trading June 2, 2023
  • Red Bull Racing Teams Up with Mysten Labs’ Sui Network for Blockchain Revolution June 1, 2023
  • Gemini Exchange Set to Bedazzle UAE: Winklevoss Twins Go East June 1, 2023

Search

Tags

Aave (AAVE) Aleph.im (ALEPH) Arweave (AR) Avalanche (AVAX) Benchmark Protocol (MARK) Binance Coin (BNB) Bitcoin (BTC) Bondly (BONDLY) Bridge Mutual (BMI) Cardano (ADA) Celsius Network (CEL) Chainlink (LINK) Decentraland (MANA) Dogecoin (DOGE) Elrond (EGLD) Enjin Coin (ENJ) Ethereum (ETH) Ethernity Chain (ERN) Fantom (FTM) FTX Token (FTT) Kusama (KSM) Litecoin (LTC) NFT OriginTrail (TRAC) PAID Network (PAID) PancakeSwap (CAKE) Polkadot (DOT) Polkastarter (POLS) Polygon (MATIC) SnowSwap Solana (SOL) SuperFarm (SUPER) Sushi (SUSHI) Terra (LUNA) Terra Classic (LUNC) The Graph (GRT) Theta Network (THETA) Tixl (TXL) Trustswap (SWAP) Uniswap (UNI) USD Coin (USDC) VeChain (VET) XRP (XRP) yearn.finance (YFI) Yield Optimization Platform & Protocol (YOP)

Copyright © 2023 · Today in Crypto · Terms & Privacy · Log in