As markets keeps dipping, El Salvador’s president, Nayib Bukole has taken advantage of the dip, buying more 150BTC to make their holdings 700BTC in total.
According to him;
They can never beat you if you buy the dips
El Salvador announced that his country has “bought the dip” to the piece of 150 BTC, making a total BTC holdings of 700 BTC.
This announcement comes after Bitcoin declined to a low of $45,000 in the Asian session which represents a 5% decline.
Bitcoin and altcoins started a bearish week with many altcoins such as EOS, ALGO and LUNA posting double-figure losses for the day. The cryptocurrency market capitalization is down 5.54% to currently stand at $2.02 trillion. The market looks likely to be retesting the $2 trillion support zone.