Even with the changes made to satisfy the IMF’s $1.4 billion loan deal, the El Salvador government keeps adding BTC whenever the price drops. The latest purchase adds 12 more BTC to its portfolio.
El Salvador is still stacking Bitcoin, proving it won’t be swayed. The government just increased its holdings to 6,068 BTC, now worth over $554 million. For months, the country has been buying one Bitcoin daily as part of its long-term plan.
But with Bitcoin dipping below $100K, the country has stepped up its buying game. On February 4, the country grabbed 11 BTC for just over $1.1 million, paying an average of $101,816 per coin.
Later, it picked up another BTC for $99,114, increasing its purchase to 21 BTC in one week. Over the last 30 days, El Salvador bought 60 BTC, showing confidence in Bitcoin despite the immediate price swings.
Source: The Bitcoin Office on X (formerly Twitter)
Meanwhile, BTC’s price has been facing downward pressure. It recently dropped to a 24-hour low near $96K, raising concerns for traders. The 14-week RSI is flashing a bearish signal, similar to what happened before Bitcoin’s last major correction in 2021. For Bitcoin to exit its current position, it needs to break its downward trend soon. Traders are watching closely for any signs of a bounce.
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While Bitcoin faces turbulence, DexBoss is making waves in the DeFi space. As crypto regulations tighten, the project is standing out as a top investment pick. DexBoss combines centralized and decentralized finance, offering high liquidity, low fees, and advanced trading tools.
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The platform is built for both traders with experience and newcomers, supporting over 2,000 cryptocurrencies.
At press time, DexBoss ($DEBO) has raised over $539K. It is moving fast toward its $750K presale goal, with the current token price at $0.011. The listing price is set at $0.0505. With DeFi shifting grounds and US policymakers shaping new regulations, DexBoss is positioning itself as a serious contender. Investors looking for the next crypto to explode are keeping the project on their radar.
Better Nuanced Projects Are Taking Over the Crypto Space
While Bitcoin struggles to maintain its $100K mark, DexBoss is emerging as the next powerhouse in the DeFi space. DexBoss gives investors access to a platform that brings together the best features of both centralized and decentralized finance, offering a seamless experience for traders of all levels.
Whatever category of investor, DexBoss empowers with advanced tools, low fees, and liquidity.
The clock is ticking on its presale, and early bird investors who jump on board will be in prime position to see massive returns once DexBoss goes live across major exchanges.
For investors wanting to be part of the next big crypto success story, DexBoss might present a unique opportunity.
