#El Salvador acquired over 13 BTC since March 1, despite IMF deal

#El Salvador acquired over 13 BTC since March 1, despite IMF deal

President Nayib Bukele shows no sign of abandoning the BTC treasury strategy as Bitcoin continues to gain international legitimacy. El Salvador acquired 13 Bitcoin (BTC) since March 1, despite International Monetary Fund (IMF) pressure on the country’s public sector to stop accumulating the decentralized store of value asset. According to the El Salvador Bitcoin Office,…

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#US Bitcoin reserve prompts 0 million in ETF outflows: Farside

#US Bitcoin reserve prompts $370 million in ETF outflows: Farside

Traders had a largely negative response to US President Donald Trump’s announcement. Bitcoin exchange-traded funds (ETFs) saw nearly $370 million worth of net outflows on March 7 as investors reacted to President Donald Trump’s plan for a US strategic Bitcoin reserve, according to data from Farside Investors.  The outflows indicate institutional investors are wary of…

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#Why is Bitcoin price down today?

#Why is Bitcoin price down today?

Bitcoin may drop toward the range low at $78,200 range in the coming days if it loses the key support provided by the 200-day EMA trendline. Bitcoin’s (BTC) price has dropped by over 5% over the last 24 hours to $88,100 after President Donald Trump’s US Strategic Bitcoin Reserve failed to meet expectations. BTC/USD daily…

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