Bitcoin Declined, El Salvador Made a Statement

Bitcoin declined, El Salvador made a statement. The largest cryptocurrency BTC has dropped to $ 42 thousand 800.

Cryptocurrency market recorded a big drop around 6 pm CEST today. Although the reason for the surprise pullback is not yet known, the price of Bitcoin fell to $ 42,800. This drop also affected altcoins significantly, and many tokens went down to their prices a few weeks ago.

El Salvador Took The Bottom!

While El Salvador, which made Bitcoin a legal currency as of today, laid a milestone in world history, another important step came from the President of El Salvador, Nayib Bukele. El Salvador, which received 400 BTC in the morning, also evaluated the decrease in Bitcoin and added 150 Bitcoins to its balance sheet. Bukele said: "We bought from the dip. We added 150 more Bitcoins to the balance sheet." With this purchase, the number of Bitcoins in El Salvador's balance sheet increased to 550. At the time of this writing, Bitcoin (BTC) is trading at around $47,000.