El Salvador Adds Eight Bitcoins — Symbolic Bullish Signal for Bitcoin
I note that El Salvador has increased its Bitcoin holdings by eight coins. I view this as a continued government commitment to BTC and a signal that accumulation is ongoing despite volatility.
The purchase is modest in size but carries symbolic weight; it can support sentiment and encourage other long-term buyers without materially moving the market.
I remain cautious about price swings and regulatory risk, so I would treat this as a supportive development rather than a guarantee of sustained upside.
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