“The country has added nearly 100 million dollars to the national bitcoin treasury as BTC trades below $90k.”, — write: www.coindesk.com
- El Salvador has increased its bitcoin holdings by over 1,000 BTC, despite a significant market selloff.
- The country’s total bitcoin reserves now approach 7,500 BTC, maintained by a policy of buying one BTC per day.
- President Bukele’s recent bitcoin purchase comes amid discussions with US officials on digital asset regulation.
The government has now accumulated nearly 7,500 BTC, a position built through a one-BTC-per-day policy that continues despite IMF conditions that discourage additional public sector holdings, although El Salvador has said that the purchases won’t stop.
The most recent BTC purchase also follows closer coordination with Washington on digital asset oversight, including a June meeting between President Bukele and White House crypto adviser Bo Hines.
Bitcoin fell below $90,000 as Asia traded through the day, extending its recent slide amid weakening risk sentiment across global markets.
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence’s Token Security API averaged 717 million monthly calls year-to-date in 2025, with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch, the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B, while derivatives volume peaked the same month at over $4B.
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Bitcoin’s drawdown, alongside cross-pair stability and steady on-chain activity, points to a market clearing excess leverage rather than shifting into a high-beta altcoin run.
- Bitcoin’s recent decline is part of a broader market deleveraging rather than a shift to altcoins.
- Despite bitcoin’s drop, altcoins have not shown significant strength, indicating a lack of altseason.
- On-chain data shows stable activity without the congestion or fee spikes typical of an altcoin cycle.
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