Summary
El Salvador made history by becoming the first country to purchase bitcoin as a treasury asset in September 2021. Since then, the price of bitcoin has fluctuated from $52,000 to over $73,000.
Key Points
1. El Salvador made history by becoming the first country to purchase bitcoin as a treasury asset in September 2021.
2. The price of bitcoin has seen significant fluctuations, with a single coin costing around $52,000 when El Salvador made their purchase and rising to over $73,000 in the past 24 hours.
3. This move by El Salvador has put them at the forefront of the cryptocurrency market and has brought attention to the potential of bitcoin as a store of value.