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El Salvador president predicts ‘gigantic price increase’ for Bitcoin -Breaking

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© Reuters.

Salvadoran President Nayib Bukele issued another bullish statement (BTC) prediction soon after the International Monetary Fund had urged his government to remove Bitcoin’s status as legal tender.

Bukele took to Twitter (NYSE:) on Monday to predict that Bitcoin will ultimately see a “gigantic price increase” due to its Only 21 million coins are available in limited quantities.

Chart of the Bitcoin price over 30 days. Source: CoinGecko