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El Salvador’s Bitcoin Accumulation Accelerates, Stacking 1.6 BTC Daily
As the world continues to witness a rising number of Bitcoin exchange-traded funds (ETFs) emerging, institutional interest in the cryptocurrency is increasing at an unprecedented pace. The accumulation of Bitcoin by El Salvador has also accelerated, with the country stacking approximately 1.6 Bitcoins daily.
El Salvador’s commitment to Bitcoin as legal tender, along with its ongoing purchases, underscores a resolute dedication to this “Bitcoin experiment.” While the current market dynamics may seem uncertain, the fact that both nation-states and large institutions are taking note of Bitcoin is an undeniable indicator of its growing significance in the global financial system.
Source: nulltx.com
