Bitcoin Billionaires Strike Gold – Prices Reach 9-Month High!
- Bitcoin Billionaires Are Making a Serious Return to Form: The price of bitcoin has recently surged to a nine-month high, with many additional crypto assets following in its footsteps. This surge is largely attributed to the banking crisis and has caused many Bitcoin billionaires to make a serious return to form.
- Bullish Sentiment in the Crypto Market: Several crypto influencers have expressed their enthusiasm for the current bull run. Mike Novogratz and Michael Saylor have voiced their support for Bitcoin, while Tyler Winklevoss predicted that Bitcoin could hit $30K by the end of the weekend.
- Risk of Traditional Financial Systems: Investors’ fears that keeping money in banks can be risky are resurfacing as traditional financial systems become increasingly vulnerable. Bitcoin may provide an alternative solution that helps defend against asset seizures, inflation fraud, bank failure, and counterparty risk.
Bitcoin Billionaires are Back
The recent surge in the price of bitcoin has been largely beneficial for cryptocurrency billionaires who were hit hard during the bear market of 2022. In just seven days at the end of March, bitcoin rose close to 40 percent and is now at a nine-month high. Other crypto assets such as ETH have also seen significant gains over this same period.
Bullish Sentiment from Crypto Influencers
Crypto influencers such as Mike Novogratz, Michael Saylor, and Tyler Winklevoss have all expressed their enthusiasm for this bull run. Novogratz tweeted “This is our time!! Let’s go team $BTC!! Let’s go $ETH!! The decentralized revolution is happening.“ Similarly, Saylor argued why bitcoin is superior to traditional banking systems and how it can help protect investors from asset seizures, inflation fraud, bank failure, and counterparty risk. Lastly, Winklevoss predicted that Bitcoin could hit $30K by the end of the weekend if current trends continue.