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Just In: Michael Saylor Says ‘There Are No Tariffs on Bitcoin’
The cryptocurrency market took a drastic turn yesterday as investors reeled in shock following President Donald Trump’s surprise announcement of tariffs. The sudden drop in the value of digital currencies, with Bitcoin plummeting below $82,000 and Ethereum dipping below $1,800, has left many wondering what this means for their investments.
In an effort to calm the nerves of anxious investors, Michael Saylor, a prominent figure in the cryptocurrency space and CEO of MicroStrategy, took to Twitter to share his thoughts on the matter. His bold statement read: “There are no tariffs on Bitcoin.”
While some may have been reassured by his words, many others were left scratching their heads, wondering why this sudden drop was occurring if indeed there are no tariffs on Bitcoin. Many investors took to social media to ask questions such as “why is the price dumping then?” However, Saylor’s statement remained unwavering.
It’s worth noting that MicroStrategy has shown a strong commitment to Bitcoin, having recently announced a massive $2 billion acquisition of the digital currency.
Source: https://coinpedia.org/news/just-in-michael-saylor-says-there-are-no-tariffs-on-bitcoin/
