El Salvador President, Nayib Bukele has made it known that he will be buying Bitcoin every day. The purchase of Bitcoin will start on Friday 18th of November.
In a tweet via his official Twitter page, Bukele wrote, “We are buying #Bitcoin every day starting from tomorrow”.
In response to this, TRON founder, Justin Sun, tweeted, “we echo @nayibbukele’s initiative is buying #Bitcoin daily. We will also buy one #Bitcoin every day starting tomorrow”.
This is coming after the recent price fall of cryptocurrencies. Experts predicted that Bitcoin can fall below the mark of $13, 000.
Last year, El Salvador became the first country to adopt Bitcoin as a legal tender. As of writing, BTC price is $16, 542.49 with a market cap of $318 billion.
