BREAKING
448d 7h ago

Binance’s CZ Hails Michael Saylor’s Vision on Bitcoin as Nations Prepare to Build Strategic Reserves

BTC

BTC/USDT

$71,354.77
+3.55%
24h Volume

$17,366,629,629.18

24h H/L

$71,554.95 / $68,531.50

Change: $3,023.45 (4.41%)

Long/Short
65.5%
Long: 65.5%Short: 34.5%
Funding Rate

-0.0023%

Shorts pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$71,351.87

2.98%

Volume (24h): -

Resistance Levels
Resistance 3$79,008.03
Resistance 2$75,548.63
Resistance 1$72,179.52
Price$71,351.87
Support 1$70,589.27
Support 2$67,300.00
Support 3$62,909.86
Pivot (PP):$70,598.27
Trend:Downtrend
RSI (14):35.3

On November 19, COINOTAG News reported that Binance CEO CZ lauded the impactful address delivered by Michael Saylor, founder of MicroStrategy. CZ remarked on the clarity and significance of Saylor’s insights, stating, “Wonderful speech. Worth listening to.” This commendation also included a note of gratitude for Saylor’s mention of Binance during his presentation.

In his discourse, Saylor emphasized the urgency for nations to bolster their financial strategies by accumulating Bitcoin as a strategic reserve. He posited that many countries will likely resort to extensive monetary policies, highlighting a collective race to invest in Bitcoin. This trend underscores a pivotal moment in the cryptocurrency landscape, where nations are increasingly recognizing the value of Bitcoin and its potential role as a hedge against inflation.

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