Cryptocurrencies
El Salvador President Says Bitcoin ‘Really Cheap’ Amid Dip
Nayib Bukele
Photographer: Camilo Freedman/BloombergThis article is for subscribers only.
El Salvador President Nayib Bukele, who’s known to “buy the dip” amid Bitcoin selloffs, didn’t disappoint crypto-enthusiasts on Friday by revealing that the Central American country purchased more of the cryptocurrency as it fell around 11%.
“Some guys are selling really cheap,” he wrote on Twitter, adding that the country had purchased 410 Bitcoin for $15 million.