logo

πŸ“£ Create Blog for Traders!
Stop Watching news - Start Making it.

START
avatarcommunity
Crypto Market7 days agoΒ· 1 min read

El Salvador Continues Bitcoin Accumulation Despite IMF Criticism

El Salvador Continues Bitcoin Accumulation
El Salvador Continues Bitcoin Accumulation

πŸ‡ΈπŸ‡» Despite repeated statements from the IMF suggesting that El Salvador has formally ended its Bitcoin experiment, the facts tell a different story. The country continues to purchase Bitcoin daily, steadily increasing its reserves.

As of now, El Salvador has accumulated 7,565 BTC.

This ongoing accumulation signals:

  • a long-term commitment to BTC as part of national reserves
  • resilience against external pressure from international financial institutions
  • potential influence on BTC supply-demand dynamics, given sovereign-level buying

For traders and market observers, El Salvador remains one of the most consistent institutional buyers, serving as a unique macro-level bullish signal in the Bitcoin market.

68
Comments