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Michael Saylor Makes Bitcoin Statement as BTC Reclaims $62,000 Briefly

Published 2024-08-09, 08:44 a/m
© Reuters Michael Saylor Makes Bitcoin Statement as BTC Reclaims $62,000 Briefly
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U.Today - Michael Saylor, the founder of the largest single Bitcoin corporate holder MicroStrategy, took to his handle of the X platform to share his comment on a price jump made by BTC on Thursday.

Bitcoin briefly reclaims $62,000

Between Thursday and early hours of Friday, the world’s leading cryptocurrency made a 9% leap upward, reaching the $62,440 price level. This way, Bitcoin also demonstrated a roughly 25% rise over the past few days.

That price surge was driven by a number of factors, which included an important victory of Ripple and XRP in court over the SEC. As the Ripple CEO Brad Garlinghouse stated, that win was important not only for the company and XRP but for the global cryptocurrency space too.

Today, however, Bitcoin made a 3.3% setback, falling back into the $60,360 zone.

Michael Saylor reacted to the Bitcoin brief surge above $62,000 by posting a Bitcoin-themed image and tweeting: “Solve the Puzzle with ₿itcoin.”

This article was originally published on U.Today

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