On-chain data shows that El Salvador has taken further action in its Bitcoin reserve strategy! About an hour ago, the country's wallet address increased its holdings by approximately 11 BTC, worth about 1.06 million USD. This move has sparked market attention towards El Salvador's Bitcoin policy.
Firstly, the increase in Bitcoin holdings may reflect El Salvador's confidence in the future value of digital currency. Secondly, this increase may have a certain impact on market sentiment, and investors need to closely monitor subsequent developments.
Finally, as Bitcoin prices fluctuate, how El Salvador's strategic reserves will affect its economic policy is worth continuous observation.