The Value of El Salvador’s Bitcoin Holdings Drops by $40M Due to the Ongoing Crypto Market Pullback
Summary: El Salvador’s Bitcoin holdings have lost value by roughly $40 million This amount is almost equal to El Salvador’s next coupon payment on its debt for the month of June, worth $38.5 million However, President Bukele has an 85% approval rating President Bukele also shared plans for the country’s Bitcoin City El Salvador’s Bitcoin holdings have been hard hit by the ongoing crypto market pullback that has seen Bitcoin lose several support zones in one week…
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