El Salvador's Bitcoin investment has an unrealized loss of approximately 18 million dollars

ChainCatcher news reports that data from the BTC holding platform Nayibtracker, which monitors Central American countries, shows that despite Bitcoin recently rising to $35,000, El Salvador's Bitcoin investments still face an unrealized loss of nearly $20 million.

According to the website, El Salvador purchased 3,062 Bitcoins at an average cost of about $40,594.93, totaling approximately $124 million. As of the time of writing, the BTC price is around $34,669, resulting in an unrealized loss of $18.14 million for the country's Bitcoin investments.