El Salvador sees opportunity as Bitcoin drops below $90,000; buys BTC worth nearly $100 million in single day

Bitcoin slipped below the $90,000 mark for the first time in seven months on Tuesday — the latest sign that investors have lost their risk appetite. But the fall has proved an unexpected boon for El Salvador as President Nayib Bukele leads a steady push for accumulation. The Central American country purchased Bitcoin worth $100 million over the past seven days to increase its total holdings to 7474.37 BTC.