El Salvador continues to dollar-cost average into Bitcoin: accumulated 7 BTC in the past 7 days, bringing total holdings to 6,285.18 BTC.
BlockBeats News, August 31, according to data from the El Salvador Ministry of Finance website, El Salvador has accumulated an additional 7 bitcoins in the past 7 days. Its current bitcoin holdings have reached 6,285.18 coins, valued at over $681 million.
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On Tuesday, LVMH's stock price fell by 2.6%, reducing its market value to 201 billion euros (approximately $232 billion), slightly below L'Oréal, and marking its exit from Europe's top ten companies for the first time since 2017. LVMH's share price has dropped 37% this year, returning to levels last seen when global stores were closed due to pandemic lockdowns. As luxury demand declines, several investment banks have downgraded LVMH’s rating.
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