Michael Saylor Reacts as Bitcoin (BTC) Breaks Above $71,000

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions.

In a recent tweet, Saylor published an AI-generated photo of a bee inside a beehive with a Bitcoin mascot inside it. “Join the Swarm,” the tweet invites, meaning the rapidly growing global community of BTC believers and holders. His earlier tweet, though, contains a prediction of the future form of money. Saylor tweeted that he expects the future of money to be digital, concluding the tweet with a Bitcoin hashtag.Bitcoin surged above the $71,240 level yesterday and then again recovered it today after a small rebound, as market participants look forward toAside from that, on Tuesday, spot Bitcoin ETFs saw massive inflows as they absorbed a whopping $887 million in BTC.

In a recent tweet, major Bitcoin supporter Max Keiser shared a take on the future Bitcoin price surge. Citing a tweet by user “Bitcoin Archive,” Keiser said that he expects Bitcoin to surpass gold in terms of market capitalization value at least 2x, but maybe even 3x. This prediction was based on a recent statement that VanEck chief executive Jan van Eck made during his talk with crypto trader and podcaster Scott Melker. Van Eck believes that Bitcoin's market cap will be worth at least half of gold’s market capitalization.Gold’s market cap currently comprises roughly $15.9 trillion, and Bitcoin’s market cap stands at $1.4 trillion, which is approximately 10x smaller at the moment.Yuri is interested in technology and technical innovations.

Coin Coin Latest News, Coin Coin Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Michael Saylor Celebrates Important Bitcoin Anniversary: DetailsVocal Bitcoin proponent Saylor has published celebratory Bitcoin tweet to recall his personal BTC anniversary
Source: Utoday_en - 🏆 295. / 63 Read more »

Michael Saylor's Bitcoin Message Resonates Amid BTC Price UncertaintyBitcoin fell as low as $67,437 after reaching high of $70,613 on Monday
Source: Utoday_en - 🏆 295. / 63 Read more »

'1 Nakamoto of BTC': Michael Saylor Notes Major Bitcoin ETF MilestoneMichael Saylor, CEO of MicroStrategy, announced that Bitcoin spot ETFs now collectively hold 1 million BTC, milestone he dubs '1 Nakamoto'
Source: Utoday_en - 🏆 295. / 63 Read more »

Michael Saylor Breaks Silence on Bitcoin (BTC) Price Pause: DetailsSaylor's statement comes at pivotal moment for Bitcoin
Source: Utoday_en - 🏆 295. / 63 Read more »

MicroStrategy's Michael Saylor Reacts as Bitcoin (BTC) Price Hits $71,000Bitcoin extended its price surge to reach highs of $71,980 in today's session
Source: Utoday_en - 🏆 295. / 63 Read more »

Smart Bitcoin Statement Issued by Michael Saylor as BTC Dumps 4.15%Prominent Bitcoin advocate Saylor has made smart Bitcoin statement, addressing his X community
Source: Utoday_en - 🏆 295. / 63 Read more »