The post El Salvador’s Bitcoin Investment Paying Off Big Time; Crosses $119M Profit appeared first on Coinpedia Fintech News
Amidst Bitcoin hitting new highs and building momentum in the crypto market, El Salvador has witnessed its Bitcoin investment exceed a $119 million profit. In 2021, the country officially made the asset legal tender within the country, which appears to be paying off greatly. With Donald Trump emerging victorious in the 2024 presidential election, the United States will see the first true pro-crypto president take office. Moreover, that fact has driven the token to an $83,000 all-time high. Also, the community is expecting ease in crypto regulations after a Trump win.