Bitcoin is trading at the $91,500 mark on Tuesday and is up nearly 1.1% in the day’s trade. The leading cryptocurrency hit an all-time high of $93,477 last week and is attracting heavy bullish sentiments in the indices. According to Forbes, Michael Saylor owns 17,732 BTC, which is worth a staggering 1,622,850,903 at its present price. His investment arm, MicroStrategy, also owns 158,245 BTC, which is worth a whopping $14,482,745,392.
Also Read: Bitcoin: MicroStrategy to Raise $1.75B For BTC Purchase
MicroStrategy’s Michael Saylor conducted a poll on his X account asking investors if they believe that Bitcoin will reach $100,000 in 2024. “Will Bitcoin Break $100K by New Year’s Eve?” he asked users with an option of ‘yes and no‘.
Will #Bitcoin Break $100K by New Year's Eve?
— Michael Saylor⚡️ (@saylor) November 17, 2024
Saylor received an overwhelming response, with 85.6% of investors saying that they believe Bitcoin will reach $100,000 in 2024. Only 14.4% of investors voted ‘no’ to the question. Close to 92,000 respondents took part in the poll, indicating that the cryptocurrency market is brimming with optimism.
Also Read: BONK Coin Up 80%: Is a SHIB-Like Surge Underway?
Investors Await Bitcoin To Hit $100,000
Cryptocurrency bulls are now eager to push Bitcoin’s price beyond the $100,000 milestone and create history for the first time. BTC’s rise is also causing other leading altcoins to rally in the charts this month. Dogecoin has nearly tripled in price and is now trading at the $0.38 mark. Investors are also waiting for Dogecoin to climb beyond the $1 milestone. Read here to know a realistic price prediction on when Dogecoin could breach $1.
Also Read: Donald Trump’s Trump Media To Acquire Crypto Trading Site
In addition, Ripple’s native token XRP, and Cardano’s ADA are rallying hard in the indices. Read here to know how high these two leading altcoins could trade by the end of the year. Bitcoin’s rise has given a breath of fresh air in the cryptocurrency market and investors are making the most out of it. Trump’s presidency could make the markets boom and the next four years could be profitable.
