El Salvador will be taking Bitcoin s legal tender as of today, Tuesday 7 September 2021

I posted on their recent purchases of 200 BTC earlier:

The news of El S. making the crypto accepted as legal payment came in early June, as posted at the time:President Nayid Bukele made the announcement on Saturday, proposing legislation to formally

  • "Next week, I will send to Congress a bill that makes Bitcoin legal money"
  • this would "allow the financial inclusion of thousands of people who are outside the legal economy"

By the end of that week BTC was much higher:

And that uptrend for the crypto has continued, today, as I update its circa USD$52.5K. Approaching sell the fact time?

From the first news post:

El Salvador will be taking Bitcoin s legal tender as of today, Tuesday 7 September 2021