El Salvador Commemorates Bitcoin Day with Symbolic $2.3 Million Purchase

To mark the fourth anniversary of adopting Bitcoin as legal tender, El Salvador made a symbolic purchase of 21 Bitcoin on September 7th. This transaction comes amidst warnings that September 8th often sees bearish trends in the cryptocurrency market. Despite restrictions imposed by an IMF loan agreement, President Nayib Bukele’s move to acquire digital assets underscores his dedication to promoting Bitcoin adoption within El Salvador.