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President Donald Trump

Bitcoin has once again reached the $60,000 mark, drawing attention from MicroStrategy chairman and co-founder Michael Saylor. 
In a tweet, Saylor stated, “Bitcoin is the bridge from chaos to hope,” alongside a Fox Business clip comparing its performance with other major assets over the past decade. 
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 <a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener">#Bitcoin</a> is the bridge from chaos to hope.<a href="https://t.co/tTXPU4iXZT" target="_blank">pic.twitter.com/tTXPU4iXZT</a>— Michael Saylor⚡️ (@saylor) <a href="https://twitter.com/saylor/status/1812118339876991128?ref_src=twsrc%5Etfw" target="_blank" rel="noopener">July 13, 2024</a>
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The clip highlighted that Bitcoin outperformed major assets in eight of eleven instances between 2013 and 2023, showcasing its strong performance amid global economic uncertainties that are driving investors towards alternative assets. 
Additionally, recent events such as the failed assassination attempt on former President Donald Trump have contributed to the recent surge in the crypto market. 
<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow"> 
 Also Read: <a href="https://www.cryptotimes.io/2024/07/14/bitcoin-surges-to-60k-following-trumps-assassination-attempt/" target="_blank" data-type="link" data-id="https://www.cryptotimes.io/2024/07/14/bitcoin-surges-to-60k-following-trumps-assassination-attempt/" rel="noreferrer noopener">Bitcoin Surges to $60K Following Trump’s Assassination Attempt</a> 
</blockquote> 
Concerns initially arose about outflows from U.S. exchange-traded funds, but a net $737.5 million was added to 11 ETFs over four days leading up to Thursday. This influx of capital, combined with recent events, has helped push <a href="https://coinmarketcap.com/" target="_blank" rel="noreferrer noopener nofollow">Bitcoin’s price</a> to its current $60,000 level.

“Bitcoin Bridges Chaos to Hope” Says Michael Saylor as BTC Hits $60K

The Crypto Times

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