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Michael Saylor Addresses Bitcoin-Related Opportunities



Michael Saylor is talking about the benefits of Bitcoin, and you can check out the tweet that he shared below.

People hopped in the comments and told Saylor that they needed him and his critical thinking about BTC.

Saylor explained the crypto market falling prices

Saylor is analyzing the factors that he believes are driving the crypto market downturn right now.

In a new Bloomberg interview, he is addressing two factors that he says are contributing to the volatility experienced by the crypto markets so far this year.

“I think that there’s a lot of dynamics here. If you look at the entire crypto ecosystem, you have a set of regulatory uncertainty, especially regulatory uncertainty around stablecoins and crypto tokens and whether or not they’re securities. And that creates a little bit of anxiety.”

He continued and addressed:

“You have a lot of leverage offshore. You have a lot of crypto exchanges that can trade with up to 20x leverage. And those crypto exchanges have many, many tokens that are cross-collateralized. Between them and the decentralized finance [DeFi] exchanges, you can get much higher than 20x leverage. So that’s the second source of volatility.”

At the moment of writing this article, BTC is trading in the green, and the king coin is priced at $35,855. Stay tuned for more news and make sure to keep your eyes on the crypto market.

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