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MACAU DAILY TIMES ?????? » Bitcoin-boosting Salvadoran leader asks for patience

News Snapshot:

E l Salvador’s Bitcoin-boosting president has asked people to be patient after the price of the cryptocurrency fell below $20,000 — less than half the price the government paid. According to the tracking site nayibtracker.com, El Salvador under President Nayib Bukele’s administration has spent about $105 million on Bitcoin, starting last September and paying an average of almost $46,000 per coin. The value of that investment in the currency , also known as “BTC,” is now calculated to have fallen by over 57%, or around $61 million. “I see that some people are worried or anxious about the #Bitcoin market…

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