El Salvador is maintaining its Bitcoin accumulation strategy amid the market dip. The Central American nation added 1091 BTC on Tuesday, worth nearly $100 million, per Bitcoin Office data. Salvadoran President Nayib Bukele posted a screenshot on X showing the government’s Bitcoin treasury holdings. El Salvador has purchased 1098.19 BTC over the past 7 days, increasing its total holdings to 7474.37 BTC, worth $688 million. Despite the current market fluctuations, the government continues to increase its bitcoin holdings by 1 BTC per day. The nation, one of the early Bitcoin adopters, has been consistently buying BTC daily, after the Salvadoran President Nayib Bukele announced the move in November 2022. Sovereign Nations Buying the Bitcoin Dip El Salvador’s calculated Bitcoin buying approach, even during market downturns, reflects a long-term strategy aimed at enhancing its digital reserves. André Dragosch, financial analyst and European Head of Research at Bitwise, shared that sovereign nation states are buying the dip, signalling a potential shift in global financial strategies. Stacy Herbert, director of El Salvador’s Bitcoin Office, calls Bitcoin “freedom, transparency, and individual empowerment.” “Bitcoin is the opposite of government control,” she wrote on X. “President Bukele has embraced it as a legal tender not to consolidate power, but to distribute it.” Recently, the Czech National Bank (CNB) revealed its first direct exposure to digital assets, purchasing Bitcoin and other crypto worth $1 million. BTC Prices Slump Further – Is This the Right Time to Buy? The Tuesday Asian markets opened with Bitcoin plunging below $90,000. The largest crypto by market cap fell 4.91% to $90,708 in the past 24 hours, driven by panic selling. At the time of writing, Bitcoin is trading at $90,268, per CoinMarketCap data. Short-term holders (addresses holding BTC for less than 3 months), panic-sold 148K BTC at a loss, the largest such event since April 2025. Per Cryptonews analysis, the pattern mirrors past market tops, suggesting sellers may not be finished yet. While El Salvador’s $100M purchase provided a brief respite, it was overshadowed by systemic de-risking. The market now tests if long-term holders will absorb the supply at discounted pricesEl Salvador is maintaining its Bitcoin accumulation strategy amid the market dip. The Central American nation added 1091 BTC on Tuesday, worth nearly $100 million, per Bitcoin Office data. Salvadoran President Nayib Bukele posted a screenshot on X showing the government’s Bitcoin treasury holdings. El Salvador has purchased 1098.19 BTC over the past 7 days, increasing its total holdings to 7474.37 BTC, worth $688 million. Despite the current market fluctuations, the government continues to increase its bitcoin holdings by 1 BTC per day. The nation, one of the early Bitcoin adopters, has been consistently buying BTC daily, after the Salvadoran President Nayib Bukele announced the move in November 2022. Sovereign Nations Buying the Bitcoin Dip El Salvador’s calculated Bitcoin buying approach, even during market downturns, reflects a long-term strategy aimed at enhancing its digital reserves. André Dragosch, financial analyst and European Head of Research at Bitwise, shared that sovereign nation states are buying the dip, signalling a potential shift in global financial strategies. Stacy Herbert, director of El Salvador’s Bitcoin Office, calls Bitcoin “freedom, transparency, and individual empowerment.” “Bitcoin is the opposite of government control,” she wrote on X. “President Bukele has embraced it as a legal tender not to consolidate power, but to distribute it.” Recently, the Czech National Bank (CNB) revealed its first direct exposure to digital assets, purchasing Bitcoin and other crypto worth $1 million. BTC Prices Slump Further – Is This the Right Time to Buy? The Tuesday Asian markets opened with Bitcoin plunging below $90,000. The largest crypto by market cap fell 4.91% to $90,708 in the past 24 hours, driven by panic selling. At the time of writing, Bitcoin is trading at $90,268, per CoinMarketCap data. Short-term holders (addresses holding BTC for less than 3 months), panic-sold 148K BTC at a loss, the largest such event since April 2025. Per Cryptonews analysis, the pattern mirrors past market tops, suggesting sellers may not be finished yet. While El Salvador’s $100M purchase provided a brief respite, it was overshadowed by systemic de-risking. The market now tests if long-term holders will absorb the supply at discounted prices

El Salvador Buys the Dip, Accumulates 1,098 BTC in 7 Days

El Salvador is maintaining its Bitcoin accumulation strategy amid the market dip. The Central American nation added 1091 BTC on Tuesday, worth nearly $100 million, per Bitcoin Office data.

Salvadoran President Nayib Bukele posted a screenshot on X showing the government’s Bitcoin treasury holdings. El Salvador has purchased 1098.19 BTC over the past 7 days, increasing its total holdings to 7474.37 BTC, worth $688 million.

Despite the current market fluctuations, the government continues to increase its bitcoin holdings by 1 BTC per day. The nation, one of the early Bitcoin adopters, has been consistently buying BTC daily, after the Salvadoran President Nayib Bukele announced the move in November 2022.

Sovereign Nations Buying the Bitcoin Dip

El Salvador’s calculated Bitcoin buying approach, even during market downturns, reflects a long-term strategy aimed at enhancing its digital reserves.

André Dragosch, financial analyst and European Head of Research at Bitwise, shared that sovereign nation states are buying the dip, signalling a potential shift in global financial strategies.

Stacy Herbert, director of El Salvador’s Bitcoin Office, calls Bitcoin “freedom, transparency, and individual empowerment.”

“Bitcoin is the opposite of government control,” she wrote on X. “President Bukele has embraced it as a legal tender not to consolidate power, but to distribute it.”

Recently, the Czech National Bank (CNB) revealed its first direct exposure to digital assets, purchasing Bitcoin and other crypto worth $1 million.

BTC Prices Slump Further – Is This the Right Time to Buy?

The Tuesday Asian markets opened with Bitcoin plunging below $90,000. The largest crypto by market cap fell 4.91% to $90,708 in the past 24 hours, driven by panic selling.

At the time of writing, Bitcoin is trading at $90,268, per CoinMarketCap data.

Short-term holders (addresses holding BTC for less than 3 months), panic-sold 148K BTC at a loss, the largest such event since April 2025. Per Cryptonews analysis, the pattern mirrors past market tops, suggesting sellers may not be finished yet.

While El Salvador’s $100M purchase provided a brief respite, it was overshadowed by systemic de-risking. The market now tests if long-term holders will absorb the supply at discounted prices.

Market Opportunity
ELYSIA Logo
ELYSIA Price(EL)
$0.002616
$0.002616$0.002616
+0.38%
USD
ELYSIA (EL) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

‘KPop Demon Hunters’ Rewrites Animated Film Music History

‘KPop Demon Hunters’ Rewrites Animated Film Music History

The post ‘KPop Demon Hunters’ Rewrites Animated Film Music History appeared on BitcoinEthereumNews.com. The KPop Demon Hunters soundtrack rises to No. 1 on the Billboard 200, joining a small group of animated film albums to lead the chart. LOS ANGELES, CALIFORNIA – AUGUST 24: Ken Jeong speaks during Netflix’s “KPop Demon Hunters” A Sing-Along Event at Regal LA Live on August 24, 2025 in Los Angeles, California. (Photo by Gonzalo Marroquin/Getty Images for Netflix) Getty Images for Netflix Animated films are known not only for being family-friendly, but for performing exceptionally well at the box office and for producing some of the most memorable songs in film history. Disney and Pixar have made big business out of not just creating blockbuster movies, but also successful soundtracks and countless singles that have sold millions, dominated the charts and won the Best Original Song Oscar. Now, Sony Animation and Netflix are giving those giants are run for their money. KPop Demon Hunters, Netflix’s animated film that has turned out to be the platform’s most-viewed title ever, joins an exclusive club of some of the most successful soundtracks connected to animated films of all time as it steps up one space in America. KPop Demon Hunter Hits No. 1 The KPop Demon Hunters soundtrack improves on the Billboard 200 this week, rising from No. 2 to No. 1. This frame marks the set’s first as the No. 1 full-length in America, after almost two months of waiting in the runner-up spot behind projects like Morgan Wallen’s I’m the Problem, Tyler, the Creator’s Don’t Tap the Glass, and Sabrina Carpenter’s Man’s Best Friend. The latter title falls to No. 2 after opening in first place just last week. The Lion King, Pocahontas and Frozen According to Billboard, KPop Demon Hunters is now just the seventh soundtrack attached to an animated film to reach No. 1 on the…
Share
BitcoinEthereumNews2025/09/19 03:35
Two Prime selected to manage $250 million in bitcoin for Digital Wealth Partners

Two Prime selected to manage $250 million in bitcoin for Digital Wealth Partners

The institutional bitcoin manager expands its mandate as demand for professional risk-managed digital asset strategies grows.
Share
Coinstats2026/01/16 18:00
Vitalik Buterin Justifies 45-Day Unstaking Queue as Vital to Ethereum’s Defense

Vitalik Buterin Justifies 45-Day Unstaking Queue as Vital to Ethereum’s Defense

Buterin admits queue design isn’t “optimal” but warns reducing it naively could weaken trust for infrequent nodes.
Share
CryptoPotato2025/09/19 05:27