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El Salvador celebrates Black Friday, buys 100 BTC for 20% off
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Salvadoran President Nayib Bukele bought the dip again, investing more than $5 million into Bitcoin as the price dropped under $54,000 Friday.
In a Friday tweet, El Salvador's president said he had purchased 100 Bitcoin (BTC) following a global market sell-off in response to a new COVID-19 variant discovered in South Africa. According to data from Cointelegraph Markets Pro, since reaching an all-time price of $69,000 on Nov. 10, Bitcoin has fallen more than 20% to reach $54,343 at the time of publication, an 8% drop in less than 24 hours.
El Salvador just bought the dip.100 extra coins acquired with a discount #Bitcoin
Bukele first announced El Salvador would be making a major BTC purchase on the eve of the country’s Bitcoin Law going into
Read more on cointelegraph.comAbout this in other media
Bitcoin stages bounceback following brutal Black-Friday selloff economictimes.indiatimes.com /3 years ago
Mapping out a recovery route for Bitcoin after Black Friday stint ambcrypto.com /3 years ago
Expert calls El Salvador’s Bitcoin volcano bonds, ‘Michael Saylor playbook for a country’ ambcrypto.com /3 years ago
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