El Salvador's surf town, nicknamed "Bitcoin Beach," has seen the cryptocurrency's price increase to new all-time highs. Shopkeeper Maria Aguirre, who acquired the digital currency four years ago for $2,200, said the price increase has brought her more "economic stability." The cryptocurrency has been legal tender since 2021 in the Central American nation, and Aguirre's store now accepts bitcoin. El Salvador became the world's first country to establish bitcoin as legal tender in 2021, at the initiative of President Nayib Bukele. Bitcoin hit an all-time high above $73,000 last week, thanks to US authorities' decision to allow greater trading accessibility. However, it has since given back some of its gains. A survey by Central American University found that 88% of Salvadorans did not use bitcoin in 2023. The central bank reported that only one percent of the more than $8 billion in remittances arrived through digital wallets in 2023.