El Salvador President Nayib Bukele has said the country will buy Bitcoin every day starting tomorrow. The price has fallen 75% since reaching an all-time high last year. Bitcoin is currently $16,521.
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Bitcoin has tumbled more than 10% this morning hitting $43,000. This comes just weeks after Bitcoin hit a new high of $69,000. El Salvador's President also tweeted to say the country bought more BTC.
President Bukele of El Salvador has announced the country bought 150 more bitcoin bringing the total to 700 coins or 30.8 million U.S. dollars. It comes after he made bitcoin legal tender.
