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Home Cryptocurrency

El Salvador Buys 1,100 BTC as Price Slides Below $90k

November 18, 2025
in Cryptocurrency
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El Salvador Buys 1,100 BTC as Price Slides Below $90k
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Key Notes

  • El Salvador bought ≈1,090 BTC during a major market dip.
  • Its reserves rose to ~7,500 BTC thanks to its largest single-day purchase so far.
    The move follows Bukele’s ongoing “1 BTC per day” accumulation policy.

El Salvador expanded its national Bitcoin

BTC
$91 114



24h volatility:
4.4%


Market cap:
$1.82 T



Vol. 24h:
$118.02 B



stash by just over a thousand coins this week, stepping up accumulation during one of the sharpest sell-offs of 2025. So far, it’s the largest single-day purchase made by the pro-Bitcoin country.

The country’s Bitcoin Office data indicate a purchase of ≈1,090 BTC (~$100M), lifting total holdings to roughly 7,470–7,500 BTC.


Hooah! pic.twitter.com/KxMVbUrcGE

— Nayib Bukele (@nayibbukele) November 18, 2025

The fresh buy aligns with President Nayib Bukele’s “1 BTC per day” dollar-cost-averaging policy first announced in November 2022—a program the administration has reiterated it will keep running.

Bitcoin Price Drops Below $90K the First Time in 7 Months

The timing was opportunistic: Bitcoin briefly fell below $90,000 on Nov. 17 and 18, its first dip under that level in months amid risk-off trading across global markets. 

Bitcoin Price Drops Below $90K

Bitcoin Price Drops Below $90K | Source: CoinMarketCap

Spot-ETF outflows have accelerated since the beginning of the week, and the Fear & Greed Index on CoinMarketCap slid to “extreme fear.”

Good Morning

The week kicks off with a 2.3K BTC outflow from the Spot ETFs.

Let’s see how the ETF cartel behaves for the rest of the week 🧸 DYOR pic.twitter.com/Eka6HJsWng

— Teddy (@TeddyVision) November 18, 2025

El Salvador’s Stance on Bitcoin

Regulatory backdrop remains nuanced. Under its $1.4B IMF program agreed in 2025, El Salvador pledged to curb broader public-sector Bitcoin exposure. Yet, the IMF later said recent increases in the Strategic Bitcoin Reserve were consistent with the program’s terms, highlighting how the reserve is structured within those constraints. 

Bukele has also courted international counterparts on digital-asset policy: in June 2025, he met U.S. political adviser Bo Hines to discuss Bitcoin strategy, part of ongoing outreach on cross-border crypto rules. 

Separately, the government has boosted reserves via mining. Last year, Reuters reported that 474 BTC have been mined since 2021 using geothermal power, underscoring a multi-pronged approach (purchases + domestic production).

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Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content.

Cryptocurrency News, News

Yana Khlebnikova

Yana Khlebnikova joined CoinSpeaker as an editor in January 2025, after previous stints at Techopedia, crypto.news, Cointelegraph, and CoinMarketCap, where she honed her expertise in cryptocurrency journalism.

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