The world’s most prominent cryptocurrency, Bitcoin, has surged past the $90,000 mark, reaching an all-time high of **$91,272 during a single trading session before stabilizing just below $88,000. This unprecedented rally has reignited global interest in digital assets and spotlighted countries like El Salvador**, which made Bitcoin legal tender in September 2021.
The surge began shortly after Donald Trump’s victory in the U.S. presidential election on November 5, triggering a wave of optimism across crypto markets. Investors are interpreting the political shift as a signal of more favorable regulatory conditions ahead, accelerating institutional adoption and boosting market confidence.
👉 Discover how global events are shaping the future of digital finance.
El Salvador’s Bitcoin Holdings Surge in Value
As Bitcoin climbed, so did the value of El Salvador’s national crypto reserves. According to official figures reported by EFE, the country’s Bitcoin holdings were valued at $531 million** at their peak on Tuesday — up from **$409 million at the start of November.
This valuation is based on El Salvador’s reported ownership of 5,932 Bitcoins, with fluctuations occurring due to both market volatility and potential government transactions. By Tuesday afternoon, the total reserve value had adjusted to approximately $520 million.
On November 1, the nation held 5,920 Bitcoins, worth $409 million. That figure dipped slightly to **$397 million on November 4 but rebounded dramatically to $443 million** by the evening of November 5 — coinciding with Trump’s election win.
Despite these updates, transparency remains limited. The only real-time insights come directly from President Nayib Bukele’s posts on X (formerly Twitter), offering piecemeal information without comprehensive disclosure.
Strategic Storage: Cold Wallet Transfer
In a significant move announced on March 14, Bukele revealed that a large portion of the country’s Bitcoin reserves had been moved into a cold wallet — a physical device disconnected from the internet for enhanced security.
"We’ve decided to transfer a significant part of our Bitcoin into a cold wallet and store that cold wallet in a physical vault within our national territory," Bukele posted in English on X.
Accompanying the message was an image showing a blockchain transaction address, allegedly verifying the transfer of 5,689 Bitcoins — valued at the time around $406.6 million.
Prior to this announcement, public records indicated El Salvador held 2,848 Bitcoins, purchased for over $121 million. The discrepancy suggests additional undisclosed acquisitions, fueling speculation about further government buying during price dips.
This strategic storage decision underscores El Salvador’s long-term commitment to Bitcoin as a national asset, prioritizing security and sovereignty over short-term liquidity.
The Trump Effect: Catalyst for Crypto Growth
Bitcoin’s rally didn’t occur in isolation. From trading around $69,000 on election day, it surged over 30% in the following days — a move analysts attribute directly to shifting U.S. policy expectations under President-elect Trump.
Why Trump Boosts Crypto Sentiment
Javier Cabrera, a leading market analyst, explains:
"Trump has adopted a markedly different stance toward cryptocurrencies compared to his 2016 position, when he was openly skeptical. Now, he appears supportive — even proactive — in embracing digital assets."
Experts at eToro echo this sentiment, noting that a Republican administration signals a more accommodating regulatory environment for crypto innovation.
Key anticipated developments include:
- A proposed stablecoin regulatory framework, providing clarity for dollar-pegged digital currencies.
- A reclassification of crypto assets to avoid being treated strictly as securities, reducing burdensome oversight.
- Potential leadership changes at the U.S. Securities and Exchange Commission (SEC), which could ease approval processes for Bitcoin ETFs and other financial products.
These shifts are expected to foster greater institutional participation. With clearer rules on the horizon, major financial players are increasingly viewing Bitcoin not just as speculative tech, but as a legitimate store of value — especially amid inflation concerns and expansive fiscal policies.
👉 See how policy changes could unlock new investment opportunities in crypto.
Bitcoin vs. Gold: The New Safe Haven?
Analysts now suggest Bitcoin may be emerging as a viable alternative to traditional safe-haven assets like gold. While gold has long served as a hedge against economic instability, Bitcoin offers scarcity (capped supply of 21 million), portability, and growing acceptance in mainstream finance.
"The prospect of expansionary fiscal policies under the new administration increases inflation risks," eToro analysts note. "This drives capital rotation from traditional stores of value toward Bitcoin, reinforcing its role as a strategic asset."
Institutional inflows have accelerated accordingly, with corporations and investment funds increasing allocations to digital assets amid improved regulatory clarity and macroeconomic uncertainty.
Core Keywords Driving Market Interest
To align with search intent and improve SEO performance, the following core keywords have been naturally integrated throughout this article:
- Bitcoin price surge
- El Salvador Bitcoin reserves
- Trump crypto policy
- Bitcoin as safe haven
- Cold wallet storage
- Cryptocurrency regulation
- Bitcoin market trends
- Digital asset investment
These terms reflect high-volume queries from users seeking timely insights into price movements, geopolitical influences, national adoption strategies, and long-term investment potential.
👉 Learn how geopolitical shifts are redefining the future of digital wealth.
Frequently Asked Questions (FAQ)
Q: How much is El Salvador’s Bitcoin worth today?
A: As of late November, El Salvador holds approximately 5,932 Bitcoins. At current prices near $88,000, their holdings are valued at around $520 million.
Q: Did El Salvador profit from the Bitcoin price increase?
A: Yes. From early November values of $409 million, the nation’s Bitcoin reserves appreciated to over $531 million at peak prices — representing a paper gain of more than $120 million.
Q: Why did Bitcoin rise after Trump won the election?
A: Markets anticipate more crypto-friendly regulations under a Trump administration, including clearer stablecoin rules and reduced SEC restrictions — boosting investor confidence.
Q: What is a cold wallet and why does it matter?
A: A cold wallet is an offline storage device for cryptocurrencies, protecting against hacking. El Salvador’s use of cold storage reflects its commitment to securing national digital assets.
Q: Is Bitcoin becoming a safe-haven asset like gold?
A: Increasingly yes. With limited supply and growing institutional adoption, many investors now view Bitcoin as a hedge against inflation and economic uncertainty.
Q: How transparent is El Salvador about its Bitcoin purchases?
A: Transparency is limited. Most information comes from President Bukele’s social media posts rather than official financial disclosures or audits.
This historic climb toward $90,000 marks a pivotal moment for Bitcoin — not just as a technological innovation, but as a globally recognized financial asset. As governments adapt and investors reassess value paradigms, the era of digital currency integration into mainstream economics appears closer than ever.