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El Salvador buys 410 more BTC amid falling market El Salvad | DeFi Telegraph (eng) ( ICO reviews)

El Salvador buys 410 more BTC amid falling market

El Salvador bought 410 bitcoins for $15 million on Friday, the country's president, Nayib Bukele, said on Twitter.

"Some guys are selling very cheap," he added in his tweet.

Verifying such claims in the public blockchain is difficult because a buyer of a BTC block of that size would almost certainly have to buy it in smaller portions to avoid slippage.

Bitcoin fell about 12% late Friday night to the $36,500 level as broader cryptocurrency prices also retreated.

The country now owns more than 1,500 BTC and plans to issue a 10-year, $1 billion bitcoin bond this year.