El Salvador purchased another 8 Bitcoins this week, increasing its national reserves to 6,215 coins, worth approximately $636 million.
My opinion:
✅ National level recognition of #BTC as a reserve asset, further strengthening sovereign signals;
✅ If accumulation continues, it may stabilize the mid-term price structure of Bitcoin;
✅ However, the market needs to pay attention to its fiscal transparency and the correlation with macroeconomic fluctuations.
#Bitcoin #ElSalvador #SovereignCrypto