IMF Says Donations, Not Public Funds, Drove El Salvador Bitcoin Growth

BTC

BTC/USDT

$79,616.00

-1.80%

$79,616.00

-1.80%

(24s)

24h Volume

$17,302,333,089.96

24h H/L

$81,423.03 / $78,660.00

Change: $2,763.03 (3.51%)

Long/Short

52.6%

Long: 52.6%Short: 47.4%

Funding Rate

-0.0018%

Shorts pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$79,603.06

▼ -0.07%

Volume (24h): -

Resistance Levels

Resistance 3$88,315.23

Resistance 2$82,300.00

Resistance 1$79,916.17

Price$79,603.06

Support 1$78,324.21

Support 2$76,172.06

Support 3$74,131.55

Pivot (PP):$79,916.17

Trend:Sideways

RSI (14):66.2

BeInCrypto Editorial

(05:58 AM UTC)

1 min read

Verified byOlivia Bennett

0 comments

The International Monetary Fund (IMF) says private donations, rather than public resources, have driven El Salvador’s Bitcoin (BTC) reserve growth since the first review.

The finding came alongside a staff-level agreement on El Salvador’s combined second and third program reviews. Approval by the Executive Board would release around $140 million.