El Salvador Faces Pressure as $BTC Dip Hits Reserves
Bitcoin’s recent drop has wiped out nearly $300M from El Salvador’s national Bitcoin holdings, putting the country back in the spotlight.
President Nayib Bukele is still standing firm and continues to accumulate BTC, even as global lenders and bond markets grow more cautious. The situation is delicate, especially with the $1.4B IMF loan discussions already in a sensitive phase. Market volatility is only making things more complicated.
With important debt payments coming up, financial pressure is increasing. If IMF support is delayed or reforms slow down, liquidity could tighten quickly — and that may lead to some hard economic decisions.
This isn’t just about Bitcoin anymore. It’s a real-time test of a country’s financial strategy on the global stage.
Will strong conviction be enough… or will economic reality demand a change?
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