{"id":142087,"date":"2024-11-13T09:00:23","date_gmt":"2024-11-13T07:00:23","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=142087"},"modified":"2024-11-13T00:20:23","modified_gmt":"2024-11-12T22:20:23","slug":"el-salvadors-bitcoin-bet-pays-off-with-over-525m-profit","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/el-salvadors-bitcoin-bet-pays-off-with-over-525m-profit\/","title":{"rendered":"El Salvador\u2019s Bitcoin Bet Pays Off with Over $525M Profit"},"content":{"rendered":"<p>This milestone comes as <strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/bitcoin\/\">Bitcoin<\/a> <\/strong>recently soared to $90,000, setting a new all-time high and climbing nearly 27% in just a week, as shown on CoinMarketCap. Since adopting Bitcoin as legal tender in 2021, El Salvador has championed the cryptocurrency, and this recent price surge is solidifying the country\u2019s commitment.<\/p>\n<p>The financial world has increasingly embraced Bitcoin this year, with major players like BlackRock and Fidelity backing the asset. The political shift with Donald Trump\u2019s election is also expected to foster a more crypto-friendly regulatory landscape, adding momentum to Bitcoin\u2019s rise.<\/p>\n<p>El Salvador isn\u2019t the only country benefiting from Bitcoin\u2019s rally; Bhutan\u2019s holdings have crossed the $1 billion mark, a substantial figure that now constitutes a third of the nation\u2019s GDP. For both countries, Bitcoin\u2019s performance is shaping up to be a significant economic boost.<\/p>\n<p><div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1\">Read More:<\/h5>\n    <a class=\"article row post-142065\" href=\"https:\/\/cryptodnes.bg\/en\/bitcoin-price-could-surge-to-unbelievable-heights-according-to-key-advocates\/\" title=\"Bitcoin Price Could Surge to Unbelievable Heights, According to Key Advocates\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2023\/05\/bitcoin-macbook-240x170.webp\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">Bitcoin Price Could Surge to Unbelievable Heights, According to Key Advocates<\/h4>\n        <\/div>\n    <\/a>\n<\/div>\n<\/p>\n<p>El Salvador\u2019s President Nayib Bukele recently took to X (formerly Twitter) to share his satisfaction with the decision, saying, \u201cI told you so.\u201d Meanwhile, some analysts predict that Bitcoin could reach $100,000, potentially even before Trump\u2019s inauguration.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>El Salvador\u2019s bold Bitcoin experiment has reaped massive rewards, with the government now reporting a profit exceeding $525 million on its holdings.<\/p>\n","protected":false},"author":3,"featured_media":39182,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[27],"tags":[72,261,424,234,108,122],"coin_category":[],"class_list":["post-142087","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin","tag-bitcoin","tag-blackrock","tag-crypto","tag-donald-trump","tag-price","tag-trump"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>El Salvador\u2019s Bitcoin Bet Pays Off with Over $525M Profit<\/title>\n<meta name=\"description\" content=\"El Salvador\u2019s bold Bitcoin experiment has reaped massive rewards, with the government now reporting a profit exceeding $525 million...\" \/>\n<meta name=\"robots\" content=\"index, follow, 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