With over 87% of the vote, Bukele has been re-elected for a second term in El Salvador. El Salvador is set to strengthen its support for Bitcoin following the re-election of Nayib Bukele today. The Salvadoran leader, known for his pro-cryptocurrency stance, secured a second term with a massive vote share, according to the voting results released by electoral officials. Bukele announced his victory in an X post soon after the presidential polls closed on Sunday, though no official announcement was made at the time of his declaration. With Bukele’s administration in place for another five years, there may be further regulatory developments surrounding Bitcoin.