President of El Salvador buys another 500 BTC amid falling bitcoin price

Everyone on the market is reacting to the drop in bitcoin in different ways — some are hastily selling, others are equally quick to buy back, taking the chance to buy at a good price.

El Salvador just bought the dip!

500 coins at an average USD price of ~$ 30,744 ?#Bitcoin

— Nayib Bukele (@nayibbukele) May 9, 2022

This is exactly what the government of El Salvador has done — the country’s President Nayib Bukele has just tweeted about the purchase of 500 BTC at an average price of $ 30,744 per piece.

Absolutely all cryptocurrencies continue to be feverish and, judging by the state of the stock market, which has been particularly high in recent years, cryptocurrencies will continue to have problems for some time.