Bitcoin Reaches a Historic Milestone
- Bitcoin (BTC) has just surpassed the $100,000 mark, making El Salvador's President, Nayib Bukele, proud of the country's bold decision in 2021 to recognize BTC as legal tender.
- Currently, El Salvador holds nearly 6,000 BTC, with a portfolio value exceeding $600 million, providing an unrealized profit of 123.67% from the initial investment of $269.7 million. 🌟
- Although BTC has decreased to $98,000, the portfolio value remains impressive at $556.4 million. Bukele is committed to continue buying BTC daily until it becomes "unaffordable with fiat money."
- However, not all citizens benefit, as many have withdrawn the $30 BTC bonus instead of holding it for long-term gains. 💰
- The growth of BTC has also been fueled by Donald Trump's victory, a cryptocurrency supporter, in the U.S. elections, promising positive policies for the market.