April 20, 2024

El Salvador buys 150 bitcoins during a sharp decline in the crypto market

The average purchase price of a cryptocurrency was $ 48 thousand. Now, in total, the state owns 1270 BTC.

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El Salvador bought 150 bitcoins at an average price of $ 48.7 thousand, President Nayib Bukele said.

This happened against the backdrop of the collapse of the rate of the firstcryptocurrencies on Saturday night. At the time of the quotes of the asset dropped to $ 42 thousand. As of 13:10 Moscow time, it is traded at the level of $ 47.5 thousand. Over the past day, bitcoin has fallen in price by 16%.

El Salvador last purchased Bitcoin on October 28th. Then Bukele announced the purchase of 420 BTC for about $ 25 million. Now the country owns 1270 BTC for over $ 60 million.

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