U.Today – Michael Saylor, the founder of the largest individual corporate shareholder, MicroStrategy, took to his X platform account to share his comment on the price jump experienced by BTC on Thursday.
Bitcoin briefly recovers $62,000
Between Thursday and early Friday morning, the world's leading cryptocurrency made a bullish jump of 9%, reaching the price level of $62,440. In this way, Bitcoin also showed an increase of approximately 25% in recent days.
That price surge was driven by a number of factors, including a major court victory for XRP against the SEC. As stated by Ripple CEO Brad Garlinghouse, that victory was significant not only for the company and XRP, but also for the overall cryptocurrency space.
However, today Bitcoin suffered a 3.3% setback and fell back to the $60,360 area.
Michael Saylor reacted to Bitcoin’s 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
