Vocal Bitcoin advocate and MicroStrategy founder, Michael Saylor, recently took to X to remind the global Bitcoin community of the cryptocurrency’s origin story. His message arrived amidst the excitement surrounding the launch of spot Ethereum ETFs, which saw over a billion dollars in trading volume on their first day. This stands in stark contrast to the gradual, steady inflow Bitcoin ETFs have experienced since their launch in January, with BlackRock leading the pack with nineteen billion dollars in investments.
Saylor's post was a heartfelt tribute to Satoshi Nakamoto, Bitcoin’s enigmatic creator, who gifted the world this groundbreaking technology before vanishing into obscurity. Accompanying his message was a modern interpretation of Michelangelo’s "The Creation of Adam," depicting a mechanic's hand and a human hand connected by a Bitcoin symbol, a powerful visual representation of Bitcoin’s genesis.
In a separate post, Saylor highlighted Bitcoin's superior performance compared to traditional financial markets, outpacing both S&P 500 and Nasdaq by a significant margin since August 2020. While Bitcoin has faced resistance around the sixty-eight thousand dollar mark, it has shown resilience, recovering from a recent dip to reclaim the sixty-six thousand dollar level.
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