El Salvador President to Continue Purchasing Bitcoin (BTC)

According to cryptocurrency media Watcher Guru on the 19th (local time), El Salvador President Nayib Bukele stated that he will "continue to stockpile Bitcoin (BTC) as a strategic reserve asset" and plans to "purchase BTC at a faster pace than before." Previously, El Salvador announced that it would ease Bitcoin-related policies and reduce Bitcoin-related activities in the public sector during the process of negotiating a $1.4 billion loan agreement with the International Monetary Fund (IMF). Meanwhile, BTC is trading at $10,456.02, down 3.82% from the previous day, based on the Binance Tether (USDT) market as of 00:56 on the 20th.