Salvadoran President Bukele Expects Bitcoin to Reach $100K This Year

Posted on by American Coins & Gold

Salvadoran President Bukele Expects Bitcoin to Reach 0K This Year
El Salvador President Nayib Bukele foresees bitcoin reaching the long-elusive six-digit price this year amid increasing adoption as a sovereign currency.In 2022, bitcoin will reach $100,000 and two more countries will adopt the digital asset as legal tender, Bukele tweeted on Sunday, adding that the cryptocurrency will also become a major issue in the U.S. midterm elections to be held on Nov. 8.El Salvador embraced bitcoin as the official currency in September last year, venturing into uncharted waters and drawing the ire of the International Monetary Fund. Bukele went a step further in November, announcing plans to issue a $1…