Salvadoran President Nayib Bukele purchased the dip once more, spending $5 million as Friday’s price fell below $54,000.

In a Friday tweet, El Salvador’s president He purchased 100 BitcoinsBTC() Following a market sale in global response to the discovery of a COVID-19 variant in South Africa, Data from Cointelegraph Markets ProBitcoin reached an all time high price of $69,000 in Nov. 10 and has since fallen by more than 20%, reaching $54,343 at publication. That’s an 8-hour drop.