El Salvador buys 100 more bitcoins in the middle of crypto extracts and fear of new Covid 19 variants-markets and prizes

When reports spread about a new Covid 19 strain that lowered the price of many cryptocurrencies, El Salvador bought the dip. The country has added 100 other bitcoins to its state treasury, although a recent warning of the International Monetary Fund (IMF), which is the total number of Bitcoins purchased on 1.220.

El Salvador buys the dip: 1,220 bitcoins still bought today

el Salvador used the sale on Friday and bought 100 more bitcoins when reports spread about a new Coronavirus variant. Salvadorian President Nayib Bukele tweeted on Black Friday that his country bought the dip. "Bought 100 additional coins with a discount," he wrote.

A advisory committee of the World Health Organization (WHO) classified the new Covid 19 variant for the first time in South Africa as a highly transmitted virus and called it "Omicron".

The cryptomarkt scales millions Dollar on Friday in the middle of reports on the new Coronavirus tribe. The Bitcoin Prize fell from $ 59,165 on Thursday afternoon to $ 53,798 on Friday afternoon. btc is at $ 54,830.98 per. traded at the time of writing, based on data from bitcoin.com-markets .

el Salvador made Bitcoin on September 7th in addition to the US dollar to the legal means of payment btc was about 46,000 US dollar.

Since Bitcoin has become a legal means of payment, El Salvador has 1,220. bought btc overall, after announcements by bukele.

The day before the country's Bitcoin Act came into force, El Salvador bought two sets with 200 bitcoins. It bought 150 btc more on September 7th and 150 more coins on September 20. Bukele said at the time: " El Salvador now holds 700 coins ."

Since then, El Salvador bought more coins on October 27, which has been buying the overall purchase on 1.120 coins. The purchase on Friday increases the country's Bitcoin stock to 1,220 coins. At the current price, 1,220 bitcoins are worth around $ 66.9 million.

President Bukele announced a plan for the construction of the world's first “Bitcoin city” last week, driven by a volcano. Financed bitcoin bond . He found that there would be no taxes in the Bitcoin city apart from VAT (VAT).

One day after the announcement, however, the International Monetary Fund (IMF) has warned that Land Against the use btc as a legal means of payment. As the reasons, the IMF cited "significant risks for consumer protection, financial integrity and financial stability" and added that this "also creates fiscal eventual liabilities".

What do you think that El Salvador buys the slump in the middle of sales on the cryptom market when a new Covid 19 strain appeared? Let us know in the comment area below.

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