Market News
- Michael Saylor made an appearance on the TuckerCarlson show yesterday.
- Saylor shared his bullish outlook on Bitcoin (BTC).
- He also stated how he uses every spare cash that he has to stock up on BTC.
Michael Saylor made an appearance on the TuckerCarlson show yesterday. During his appearance, Saylor shared his bullish outlook on Bitcoin (BTC). According to his Twitter post, “Bitcoin is the most certain thing in a very uncertain world.”
Tonight, I was on @TuckerCarlson‘s show reminding everyone that #Bitcoin is the most certain thing in a very uncertain world. In a market full of chaos, sound, and fury, people need a safe place to stand, apart from the intervention of a government, agency, or corporation. pic.twitter.com/moVHBOCqGF
— Michael Saylor⚡️ (@saylor) May 28, 2022
Saylor added to his post of how BTC provides one of the highest levels of certainty in the uncertain market conditions currently seen in the global financial markets by saying “In a market full of chaos, sound, and fury, people need a safe place to stand, apart from the intervention of a government, agency, or corporation.”
Besides Saylor stating how BTC provides certainty in an uncertain market, he also stated how he uses every spare cash that he has to stock up on BTC.
Saylor is not the only one on a rapid BTC accumulation drive as many in the crypto space have ditched altcoins, including Ethereum (ETH), temporarily to hold Bitcoin which is often referred to as “digital gold” or the “gold standard” of crypto.
Looking at the snapshot of CoinMarketCap above, it can be seen that Saylor’s interview had no bullish effect on BTC as the price of the market leader dropped by 0.25% in the last 24 hours. An important figure to look at is BTC’s price performance in the last week.
Besides BNB, the rest of the top 10 non-stablecoin cryptos experienced a 2+% drop over the last 7 days. BTC seems to be the more stable of the coins at the moment as its price falls less than the rest of the top 10 non-stablecoin cryptos by market cap.