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    The El Salvadoran President on BTC’s recent price plunge: “Stop looking at the graph and enjoy life”El Salvador’s bitcoin-friendly president, Nayib Bukele, offered a piece of advise to all Bitcoin users as the cryptocurrency environment continued to plummet.

    During the weekend, the price of Bitcoin fell below its previous 18-month low to $17,708.62. Altcoins like as Ethereum (ETH), Solana (SOL), Binance Coin (BNB), and Cardano (ADA), among others, reached multi-year lows, signalling a full-fledged crypto winter, as Bitcoin’s price fell below expectations. With this pessimistic view in place, Nayib Bukele turned to Twitter to advise his Bitcoin-interested followers to ignore the charts and focus on other matters. His own words:

    “I see that several individuals are apprehensive or concerned about the Bitcoin market price. My recommendation: quit examining the graph and enjoy life. If you invested in Bitcoin, your money is secure, and its value will increase exponentially after the bad market.”

    Those who have been following the space will know that El Salvador, under the leadership of Nayib Bukele, was the first nation to legalise Bitcoin and make it a legal money in 2021. Since then, Bukele has been purchasing Bitcoin dips, in addition to proposing several Bitcoin-based enterprises.

    While Bukele is among those grieving from the recent decline in Bitcoin’s price, he noted in the tweet that “patience is the key” to making the most of whatever Bitcoin or altcoin investments one may have at the present.

    The present decline in cryptocurrency values has spawned a large number of odious operational deficiencies among crypto companies. Celsius Network, Babel Finance, and Three Arrows Capital (3AC) are among the few organisations experiencing the sting of the continuous cryptocurrency market price decline.

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