While speaking on CNBC’s Squawk Box, Saylor noted that as Bitcoin begins to gain ground as a “stabilizing influence” for the global financial system, it would eventually eclipse the market capitalization of gold. He remarked:
Saylor’s comments trailed Bitcoin’s crash on Monday. After hitting a new all-time high of over $58,000, the digital asset plunged to the $45,000 region.
Commenting on the asset’s volatility, Saylor believes that as Bitcoin rises higher, growth rates ad volatility will subside.
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Source: Cryptocurrency - investing.com
