CandleFocus Michael Saylor Issues Bitcoin "Space Travel" Tweet As BTC Gets Close to $90,000
2024-11-12
Author: Content Editor
Bitcoin has reached a new all-time high close to $90,000, prompting a bullish tweet from MicroStrategy's founder Michael Saylor. The surge comes after the company announced its latest Bitcoin accumulation. MicroStrategy recently purchased 27,200 BTC for $2.03 billion and has plans to buy $42 billion worth of Bitcoin in the coming years. This success has led to a significant increase in MicroStrategy's share price. Bitcoin's recent price increase has been influenced by US political changes and the Federal Reserve's interest rate cuts. Additionally, Bitcoin's correlation to the S&P 500 index has surged, suggesting its price surge may be related to the rising stock market.
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