El Salvador bought 500 BTC as the rate fell below $30,000

10.05.2022 10:28
by Anđelija Anđelić
1 min read

El Salvador bought 500 BTC as the rate fell below $30,000

Bitcoin quotes set a local minimum, breaking through the $30k mark at the moment on the evening of May 9. The Salvadoran government seized the opportunity and averaged the purchase price of cryptocurrencies.

Prime Minister Nayib Bukele said that El Salvador has purchased another 500 BTC coins. Thanks to this, the average purchase price of Bitcoin was reduced to $30,744.

Author

  • Anđelija Anđelić is an Italian language and lit major, and investigative journalist with a special interest in the crypto world and tech innovations. Exploring the ways our world is changing and bringing the freshest info is her passion.

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