El Salvador bag bitcoin’s dip yet again

Nayib Bukele-led El Salvador has seized the opportunity presented by the market downturn to buy more bitcoin tokens at a discounted price.

The Central American country bagged additional 150 bitcoins at $48,670 each.

Salvador just bought the dip!

150 coins at an average USD price of ~$48,670 #Bitcoin

— Nayib Bukele (@nayibbukele) December 4, 2021

RELATED: El Salvador’s Bitcoin Adoption will hurt the masses – Bank of England Gov. says

The bears pegged bitcoin price earlier today – dropping its price to almost $42,000.

El Salvador

A few minutes after confirming the country’s latest crypto acquisition, Bukele was back on Twitter to lament missing out on buying the bottom.

“Missed the f***ing bottom by 7 minutes.” President Nayib Bukele said in his follow-up Tweet.

For the records, El Salvador now has 1270 bitcoins on its wallet, worth around $60.3 million at press time.

About Godwin

Godwin is a multi-faceted writer. He covers the latest and most significant news in the crypto industry for Newsbsc. Aside from his work here, he writes exceptional SEO optimized web contents for other websites in different sectors.

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