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. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.
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.
Yuri MolchanBitcoin 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.”
Vladislav Sopov
Tomiwabold Olajide
Dan Burgin
Alex Dovbnya