As far as I remember El Salvador announced BTC as legal tender when the price was over 40K and purchased some BTC to give El Salvadorians a quantitative ease. Now I think with 29000 USD BTC , he is under political pressure!
 Why did he do this? Do you have any updates about El Salvador ?
 As more countries join to this idea and use btc as legal tender, circulation will be much more and more demanded accordingly!