El Salvador’s Bitcoin Conviction Now Carries a $300 Million Price Tag

Bitcoin’s (BTC) bear market has weighed heavily on investors across the spectrum. Corporate treasuries, major whales, and even nation-state holders have all felt the pressure. The cryptocurrency’s slide has slashed the value of El Salvador’s holdings as credit default swaps rise to a five-month high, raising concerns over the country’s IMF program and debt outlook. The post El Salvador’s Bitcoin Conviction Now Carries a $300 Million Price Tag appeared first on BeInCrypto.