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Michael Saylor Highlights Massive $258,320 BTC Milestone: Details
The recent surge in the Bitcoin (BTC) market has seen a significant increase in its value and trading volume. In a shocking turn of events, Michael Saylor, CEO of MicroStrategy, has highlighted the massive 258,320 BTC milestone achieved by his company.
According to reports, Fidelity Investments has announced that their Bitcoin ETF has outperformed BlackRock’s offering in terms of daily inflows. This is a significant achievement for the cryptocurrency market as it showcases the growing interest and adoption of digital assets among institutional investors.
Meanwhile, Glassnode founders, who go by “Negentropic” on X, have provided further insights into the current market situation. They emphasized that there isn’t any significant resistance ahead, only a minimal supply wall of 107,000 BTC between $104,700 and $105,770. The analysts are now focusing on the $101,500-$102,500 consolidation zone as it will be crucial in determining whether the price will hold above $90,000 to $100,000 or revisit the lower range.
As we continue to monitor the market closely, it’s essential for investors and traders to keep a close eye on market trends, news, and insights provided by reputable sources like Glassnode.
Source: u.today
