cryptonews
2025-11-18 04:44:16

El Salvador Buys the Dip, Accumulates 1,098 BTC in 7 Days

El Salvador is maintaining its Bitcoin accumulation strategy amid the market dip. The Central American nation added 1091 BTC on Tuesday, worth nearly $100 million, per Bitcoin Office data. Salvadoran President Nayib Bukele posted a screenshot on X showing the government’s Bitcoin treasury holdings. El Salvador has purchased 1098.19 BTC over the past 7 days, increasing its total holdings to 7474.37 BTC, worth $688 million. Hooah! pic.twitter.com/KxMVbUrcGE — Nayib Bukele (@nayibbukele) November 18, 2025 Despite the current market fluctuations, the government continues to increase its bitcoin holdings by 1 BTC per day. The nation, one of the early Bitcoin adopters, has been consistently buying BTC daily , after the Salvadoran President Nayib Bukele announced the move in November 2022. Sovereign Nations Buying the Bitcoin Dip El Salvador’s calculated Bitcoin buying approach, even during market downturns, reflects a long-term strategy aimed at enhancing its digital reserves. André Dragosch, financial analyst and European Head of Research at Bitwise, shared that sovereign nation states are buying the dip, signalling a potential shift in global financial strategies. Sovereign nation states are buying the dip https://t.co/LRppjb6uA7 — André Dragosch, PhD (@Andre_Dragosch) November 18, 2025 Stacy Herbert, director of El Salvador’s Bitcoin Office, calls Bitcoin “freedom, transparency, and individual empowerment.” “Bitcoin is the opposite of government control,” she wrote on X. “President Bukele has embraced it as a legal tender not to consolidate power, but to distribute it.” "Bitcoin is the opposite of government control. It is freedom, transparency, and individual empowerment. And President Bukele has embraced it as a legal tender not to consolidate power, but to distribute it. That is why he remains so overwhelmingly popular: Salvadorans can feel,… https://t.co/CBHyuprdaq pic.twitter.com/OGrVnPAVDv — Stacy Herbert (@stacyherbert) November 15, 2025 Recently, the Czech National Bank (CNB) revealed its first direct exposure to digital assets, purchasing Bitcoin and other crypto worth $1 million . BTC Prices Slump Further – Is This the Right Time to Buy? The Tuesday Asian markets opened with Bitcoin plunging below $90,000. The largest crypto by market cap fell 4.91% to $90,708 in the past 24 hours, driven by panic selling. At the time of writing, Bitcoin is trading at $90,268, per CoinMarketCap data . Short-term holders (addresses holding BTC for less than 3 months), panic-sold 148K BTC at a loss, the largest such event since April 2025. Per Cryptonews analysis , the pattern mirrors past market tops, suggesting sellers may not be finished yet. While El Salvador’s $100M purchase provided a brief respite, it was overshadowed by systemic de-risking. The market now tests if long-term holders will absorb the supply at discounted prices. The post El Salvador Buys the Dip, Accumulates 1,098 BTC in 7 Days appeared first on Cryptonews .

Crypto 뉴스 레터 받기
면책 조항 읽기 : 본 웹 사이트, 하이퍼 링크 사이트, 관련 응용 프로그램, 포럼, 블로그, 소셜 미디어 계정 및 기타 플랫폼 (이하 "사이트")에 제공된 모든 콘텐츠는 제 3 자 출처에서 구입 한 일반적인 정보 용입니다. 우리는 정확성과 업데이트 성을 포함하여 우리의 콘텐츠와 관련하여 어떠한 종류의 보증도하지 않습니다. 우리가 제공하는 컨텐츠의 어떤 부분도 금융 조언, 법률 자문 또는 기타 용도에 대한 귀하의 특정 신뢰를위한 다른 형태의 조언을 구성하지 않습니다. 당사 콘텐츠의 사용 또는 의존은 전적으로 귀하의 책임과 재량에 달려 있습니다. 당신은 그들에게 의존하기 전에 우리 자신의 연구를 수행하고, 검토하고, 분석하고, 검증해야합니다. 거래는 큰 손실로 이어질 수있는 매우 위험한 활동이므로 결정을 내리기 전에 재무 고문에게 문의하십시오. 본 사이트의 어떠한 콘텐츠도 모집 또는 제공을 목적으로하지 않습니다.