Friday 29 October 2021

El Salvador Buys 420 Bitcoin, Pushing It Over $60,000

WebProNews
El Salvador Buys 420 Bitcoin, Pushing It Over $60,000

El Salvador has purchased an additional 420 bitcoin, helping to drive the price over $60,000.

El Salvador made headlines when it adopted bitcoin as legal tender. The country has made previous purchases of the crypto, with the latest one bringing its total to 1,120 bitcoin, according to Reuters. At current values, El Salvador’s bitcoin is worth approximately $68 million.

Salvadoran President Nayib Bukele announced the purchase on Twitter.

El Salvador Buys 420 Bitcoin, Pushing It Over $60,000
Matt Milano



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