Off late, Bitcoin [BTC] has seen bagging gains over the last couple of days. Thanks to an array of endorsements, the value of the asset has been on a surge. Bitcoin almost hit a high of $50K and retraced back to $46,481, during press time. The market cap of Bitcoin has been close to hitting a trillion and Tesla’s latest move seemed to be aiding this.
Once again, while Bitcoin continues to reign, another billionaire went on to add Bitcoin into his Twitter bio. Ricardo Salinas Pliego, a billionaire from Mexico joined the list of an array of people who have put BTC on their bio. Salinas, the second richest man in the country.
Michael Saylor, the founder, and CEO of Microstrategy also made news for putting up BTC into his Twitter bio.
This isn’t the first time that Salinas has exhibited his interest in the king coin. The billionaire had time and again asserted his keenness towards the BTC.
After quadrupling, BTC remained stagnant as its price failed to move past $35K on many occasions. However, the king coin witnessed a dainty surge after Elon Musk, the CEO of Tesla changed his Twitter bio. The billionaire went on to induce Bitcoin into his bio. While Musk did not prolong this trend, he went on to add Bitcoin as a method of payment at Tesla.
Elon Musk even went on to school some of his followers regarding the crypto-verse. The Tesla founder tweeted,
“Any crypto wallet that won’t give you your private keys should be avoided at all costs”
Additionally, the market cap of Bitcoin surged to a high of $865 billion. While the total market cap of the crypto-verse was seen at a high of $1.40 trillion, BTC seemed to be aiding this growth. BTC had pushed past prominent giants like Facebook as well as Tesla itself and took over the seventh position. With Tencent at $937 trillion, BTC seemed to be making its way to the top.