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El Salvador remains committed to bitcoin

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San Salvador, Dec 24 (Prensa Latina) El Salvador remains committed to bitcoin, the cryptocurrency that is shaking up global finances at present despite its speculative value, denounced by economists.

In recent days, after reaching 108,000 dollars per unit, the digital asset lost value and was quoted below 100,000 dollars.

However, on Sunday, the Government of El Salvador announced the purchase of 12 units of the asset to continue its policy of acquiring at least one daily.

The drop registered over the past few days is the first since President-elect Donald Trump won the elections in the United States. On December 11, the “token” began a rise that led it to reach 108,135 dollars on December 17, the highest price in its history, but in recent days its value fluctuated between 94,000 and 99,000 dollars.

According to the Cointelegraph portal, this occurred after the Federal Open Market Committee of the United States Federal Reserve reduced the projections of rate cuts for 2025.

Despite the drop, the price of bitcoin increased by 126 percent between January 1 and December 23, going from 42,000 to 95,000 dollars.

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