By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Notification
yourcryptonewstoday yourcryptonewstoday
  • Home
  • News
    • Crypto Bubbles
    • Regulations
    • Metaverse
  • MarketCap
  • Altcoins
    • Solana
  • Crypto
    • Bitcoin
    • Ethereum
    • Cardano
  • Blockchain
  • Market
    • Nft
  • Mining
  • Exchange
  • Analysis
    • Evaluation
    • Multi Currency
Reading: El Salvador bought almost 300 kilos of gold. What happened to bitcoin?
Share
bitcoin
Bitcoin (BTC) $ 83,624.00
ethereum
Ethereum (ETH) $ 2,674.73
tether
Tether (USDT) $ 0.998381
bnb
BNB (BNB) $ 847.69
usd-coin
USDC (USDC) $ 0.999745
xrp
XRP (XRP) $ 1.74
binance-usd
BUSD (BUSD) $ 0.997931
dogecoin
Dogecoin (DOGE) $ 0.116029
cardano
Cardano (ADA) $ 0.324523
solana
Wrapped SOL (SOL) $ 117.02
polkadot
Polkadot (DOT) $ 1.69
tron
TRON (TRX) $ 0.293384
Your Crypto News TodayYour Crypto News Today
  • Home
  • News
  • MarketCap
  • Altcoins
  • Crypto
  • Blockchain
  • Market
  • Mining
  • Exchange
  • Analysis
Search
  • Home
  • News
    • Crypto Bubbles
    • Regulations
    • Metaverse
  • MarketCap
  • Altcoins
    • Solana
  • Crypto
    • Bitcoin
    • Ethereum
    • Cardano
  • Blockchain
  • Market
    • Nft
  • Mining
  • Exchange
  • Analysis
    • Evaluation
    • Multi Currency
© 2024 All Rights reserved | Protected by Your Cryptonews Today
Your Crypto News Today > Market > El Salvador bought almost 300 kilos of gold. What happened to bitcoin?
Market

El Salvador bought almost 300 kilos of gold. What happened to bitcoin?

January 30, 2026 4 Min Read
Share
El Salvador bought almost 300 kilos of gold. What happened to bitcoin?
  • The Central American nation acquired troy ounces of gold in worldwide markets.

  • Up to now, El Salvador accumulates greater than 7,500 bitcoin in its treasury.

El Salvador is increasing its nationwide treasury by asset diversification that mixes conventional shelter with digital innovation. The Central Reserve Financial institution (BCR) reported the acquisition of 9,298 troy ounces of gold in worldwide markets, an operation valued at roughly USD 50 million.

The acquisition, made this January, is equal to nearly 300 kilograms of fantastic gold (precisely 289.21 kg), primarily based on the usual conversion of 31.10 grams per troy ounce. The motion happens in a context of excessive volatility for the steel, which not too long ago surpassed the barrier of USD 5,000 per ounce.

The BCR operation represents the second buy of this kind made by the establishment since 1990. With this motion, complete holdings of the steel went from 58,105 to 67,403 troy ounces between September 2025 and January 2026.

In monetary phrases, The full estimated worth of those gold reserves now stands at USD 360 million.

President Nayib Bukele commented on the operation by his social networks, declaring that The acquisition was made benefiting from a decline within the value (shopping for the dip).

The acquisition was made after gold reached an all-time excessive (ATH) of USD 5,596, fell to USD 4,950 and confirmed a restoration in the direction of the extent of USD 5,080 per ounce, as seen within the following graph:

CriptoNoticias reported this week that the valuable steel broke the USD 5,000 barrier and that such a rise would anticipate a “large bullish potential for bitcoin,” the product of a recurring sample within the financial system.

The BCR of El Salvador emphasised that this technique seeks to guard the native economic system towards structural adjustments in worldwide markets. Gold at the moment represents about 20% of world central financial institution reserves, rating because the second most vital reserve asset after the US greenback.

Bitcoin: the pillar of the Salvadoran digital reserve

Regardless of the notable enhance in gold holdings, the Salvadoran Authorities has not diverted its consideration from bitcoin (BTC), an important digital asset available on the market.

The nation maintains its coverage of every day acquisition of 1 bitcoin, consolidating a reserve that already reaches 7,547.37 models of the digital forex, in response to official information from the federal government portal.

The above exhibits that, though gold offers conventional monetary stability, bitcoin continues to be the central axis of the financial coverage of the Central American nation.

Nevertheless, El Salvador exalts its long-term imaginative and prescient by a hybrid reserve that combines the traditional essence of gold with the programmed shortage of Bitcoin. With this, the nation seeks to protect its economic system from international uncertainty and inflationary pressures from fiat currencies.

You Might Also Like

Crypto enters round 2 of institutional adoption led by Morgan Stanley: Binance

Richmond Fed President Thomas Barkin Speaks on the US Economy

Bybit launches “Mexico in USDT mode” with 12,500 USDT in rewards for P2P

Solana, XRP, and Cardano ETF Applications Gain Traction: Will SEC Approve?

CBDC Privacy Problem Still Unresolved

TAGGED:Bitcoin (BTC)Central BankEl SalvadorFinanceGoldMarketRelevantReserve of Value
Share This Article
Facebook Twitter Copy Link
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Popular News

TheDAO’s leftover rescue money sat for a decade now it’s becoming Ethereum’s permanent $220M security budget
TheDAO’s leftover rescue money sat for a decade now it’s becoming Ethereum’s permanent $220M security budget
AvaCloud Ushers in New Era of Blockchain Privacy with Acquisition of EtraPay and Launch of Privacy Suite
AvaCloud Ushers in New Era of Blockchain Privacy with Acquisition of EtraPay and Launch of Privacy Suite
TRON's Justin Sun Debunks Binance Listing Rumors
TRON’s Justin Sun Debunks Binance Listing Rumors
Universal Health Token Debuts ‘PILLARS OF HEALTH’ NFT Collection
Universal Health Token Debuts ‘PILLARS OF HEALTH’ NFT Collection
Paragon Launches Flagship Loot-Box NFTs, Sell Out in Seconds
Paragon Launches Flagship Loot-Box NFTs, Sell Out in Seconds
Are NFTs Making a Return to Auction Houses?
Are NFTs Making a Return to Auction Houses?

You Might Also Like

President Trump Meme Coin Jumps as He Begs Israel Not to Break Ceasefire Deal
Market

President Trump Meme Coin Jumps as He Begs Israel Not to Break Ceasefire Deal

June 27, 2025
image
Market

Circle to Offer 10 Million Class A Shares at $130 Each

August 20, 2025
Gamestop bought 4,000 bitcoin
Market

Gamestop bought 4,000 bitcoin

May 28, 2025
image
Market

Institutional Investors Sold Bitcoin (BTC) and Ethereum (ETH) and Bought These Two Altcoins!

January 3, 2026
yourcryptonewstoday yourcryptonewstoday
yourcryptonewstoday yourcryptonewstoday

"In the fast-paced world of digital finance, staying informed is essential, and we’re here to help you navigate the evolving landscape of crypto currencies, blockchain, & digital assets."

Editor Choice

Cleanspark surpasses 10,000 BTC, becoming fourth-largest corporate holder
Meta, le prochain géant américain qui ajoutera du bitcoin à sa trésorerie ?
Bitcoinn set for biggest mining difficulty drop since 2021 as hashrate collapses

Subscribe

* indicates required
/* real people should not fill this in and expect good things - do not remove this or risk form bot signups */

Intuit Mailchimp

Follow Us on Socials

We use social media to react to breaking news, update supporters and share information

Twitter Linkedin Facebook
  • About Us
  • Contact Us
  • Disclaimer
  • Terms of Service
  • Privacy Policy
Reading: El Salvador bought almost 300 kilos of gold. What happened to bitcoin?
Share
Follow US
© 2025 All Rights reserved | Protected by Your Crypto News Today
Welcome Back!

Sign in to your account

Lost your password?