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El Salvador Now Owns 700 Bitcoin as President Bukele Buys Price Dip

El Salvador’s President Nayib Bukele confirmed by way of Twitter Monday that the Latin American nation has purchased the “Bitcoin price dip,” exchanging {dollars} for Bitcoin at a time he believes it stays undervalued by the worldwide market.

The value of Bitcoin was round $45,700 {dollars} on the time of Bukele’s tweet saying the acquisition, down from highs close to $50,000 earlier within the week.

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