Al Salvador disbursed the stagnation in the market on Monday to add 11 Bitcoin BTC/USDAt more than a million dollars, to its strategic reserves.
What happened: The Central America has increased its daily purchases to 11, which is more than 10 bitcoin policy per day, according to Treasury Holdings Tracker.
The latest Grab Stockpile Bitco’s Bitcoin has strengthened to 6,067.18, with a value of more than $ 602 million at prevailing prices, with an unreasonable profit of 321.26 million dollars.
the Nayb BokilThe nation also led by the sixth largest government holder for Bitcoin, According to To bitcointreasuries.net.
See too: Elon Musk says that Treasury officials “break the law every hour” with approval
Why do it matterEl Salvador has become the first country to adopt Bitcoin as a legal tendency in 2021, and since then I followed an ambitious strategy to integrate digital origin in various aspects of the lives of its citizens.
However, despite these efforts, Bitcoin’s dependence as a legal tendency in the country has not witnessed the expected widespread absorption.
Last week, the government reduced the Bitcoin batch, which made its acceptance voluntarily instead of mandatory, to meet the conditions set by the International Monetary Fund for a loan agreement worth $ 1.4 billion.
PriceAt the time of writing this report, Bitcoin was the exchange of hands at 99,538.22 dollars, an increase of 5.51 % in the past 24 hours, according to what it said. Data from Benzinga Pro.
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