Michael Saylor Breaks Silence on Bitcoin Dropping Below $68,000
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Michael Saylor, co-founder of MicroStrategy, tweeted about Bitcoin dropping below $68,000. The sudden decline in Bitcoin's price was influenced by macroeconomic factors, including a small rise in the personal consumption expenditures (PCE) price index. The price decline resulted in three consecutive red candles, with Bitcoin falling from $68,608 to $67,712. A small rebound occurred, pushing the price slightly higher. Additionally, a major Japan-based cryptocurrency exchange, DMM Bitcoin, experienced a massive hack, with over $300 million worth of crypto stolen. This was the largest hack of a crypto trading platform since 2022 and the seventh largest in the history of the crypto industry.



https://www.investing.com/news/cryptocurrency-news/michael-saylor-breaks-silence-on-bitcoin-dropping-below-68000-3466763