Michael Saylor, co-founder and executive chairman of Bitcoin company Strategy, took to social media to celebrate a major Bitcoin dip in reaction to the higher-than-expected consumer price index (CPI) data for January. Saylor tweeted an AI-generated image of a rocket with a Bitcoin logo, expressing enthusiasm for the dip in BTC price. The CPI data showed a 3.3% annual rate, higher than the expected 3.10%. Despite the drop in price, Bitcoin quickly recovered, indicating its strength and resilience in the market.



Other News from Today