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Bitcoin News

Michael Dell’s BTC Poll on X Grabs Michael Saylor’s Attention

Since April, the price of Bitcoin has varied between $59,000 and $74,000 in terms of market performance.

Written By Jalpa Bhavsar
Published July 2, 2024 8:15 PM·Updated 2 years ago
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Michael Dell's BTC Poll on X Grabs Michael Saylor's Attention

The CEO of Dell Technologies, Michael Dell, recently ran a poll asking people to rank their priorities on X (previously Twitter) by making them select between relationships and love, Bitcoin, or artificial intelligence.

The survey, generated on the X by Dell, garnered a lot of interest, particularly from the cryptocurrency community, and many participants supported Bitcoin.

The most important thing

— Michael Dell 🇺🇸 (@MichaelDell) June 28, 2024

MicroStrategy co-founder and CEO Michael Saylor responded to Dell’s tweet with a strong “Bitcoin is the most important thing,” demonstrating his unwavering belief that cryptocurrency has the power to transform global financial systems completely.

Saylor’s words act as a call to action for broader acceptance of Bitcoin and an understanding of its significance in transforming international financial institutions.

As of this writing, BTC is trading at $62,519, down 0.12% over the previous day.  Since April, the price of Bitcoin has varied between $59,000 and $74,000. In July, Bitcoin had a median return of 9.60% and an average return of 7.98%.

Even though there has been a drop recently, historical patterns point to a bullish July, since Bitcoin usually rises sharply following a bad June. Watch out for critical resistance levels at $65,795 and $78,700.

On the first day of July, U.S.-listed ETFs experienced inflows of $129 million, the most since early June, after weeks of outflows totaling over $900 million.

Also Read: Micheal Saylor Remains Bullish on Bitcoin Despite Drop in Trade

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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