2 years ago
El Salvadaor bought 410 bitcoin for $15 cardinal Friday, the country’s President Nayib Bukele said connected Twitter.
“Some guys are selling truly cheap,” helium added successful his tweet. Bitcoin was down astir 12% precocious Friday beneath $36,500 arsenic the broader crypto prices besides retreated.
The federation present holds implicit 1,500 BTC and plans to contented a $1 billion, 10-year bitcoin enslaved this year.
Bukele has been a accordant dip purchaser implicit the past mates of months successful a motion of assurance successful the cryptocurrency's semipermanent prospects.
Bitcoin officially became ineligible tender successful El Salvador past September, 3 months aft the country’s legislature passed the Bitcoin Law.
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Michael Bellusci is CoinDesk's crypto payments reporter.
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