El Salvador Buys 100 More Bitcoins as Crypto Market Falls

El Salvador’s President Nayib Bukele said in a tweet he bought the coins at “a discount.”

AccessTimeIconNov 26, 2021 at 7:31 p.m. UTC
Updated Nov 29, 2021 at 5:18 p.m. UTC
Alex Thorn
Head of Firmwide Research
Galaxy
Hear Alex Thorn share his take on "Bitcoin and Inflation: It’s Complicated” at Consensus 2023.
Alex Thorn
Head of Firmwide Research
Galaxy
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Hear Alex Thorn share his take on "Bitcoin and Inflation: It’s Complicated” at Consensus 2023.

Aoyon Ashraf is managing editor with more than a decade of experience in covering equity markets

Alex Thorn
Head of Firmwide Research
Galaxy
Hear Alex Thorn share his take on "Bitcoin and Inflation: It’s Complicated” at Consensus 2023.
Alex Thorn
Head of Firmwide Research
Galaxy
Consensus 2023 Logo
Hear Alex Thorn share his take on "Bitcoin and Inflation: It’s Complicated” at Consensus 2023.

The government of El Salvador bought 100 more bitcoin, President Nayib Bukele tweeted on Friday, while the price of the largest cryptocurrency by market cap fell near $54,000.

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Aoyon Ashraf is managing editor with more than a decade of experience in covering equity markets


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Aoyon Ashraf is managing editor with more than a decade of experience in covering equity markets