First Mover Americas: El Salvador Holds More BTC Than Expected
Summary
- Bitcoin (BTC) dropped to $66,800, down 8% in 24 hours, wiping out over $100 million in long positions. - El Salvador moved $400 million of BTC into a cold wallet, holding 5,689.68 BTC, surpassing previous estimates. - Galaxy Digital (GLXY) recommended as a core holding for equity investors by Stifel with a buy rating and price target of C$20.
