Bitcoin’s Shocking Link to Stock Market: Michael Saylor Reveals the Truth!

bitcoin-usd/”>BITCOIN‘S SECRET LIFE: IS IT REALLY INDEPENDENT? ๐Ÿค”

So, you know how sometimes you’re like, “Oh, I’m a free spirit, I don’t care about what anyone else thinks!” ๐Ÿ™‹โ€โ™€๏ธ But then you realize, no, you’re actually a slave to the market and your emotions? ๐Ÿ˜‚ That’s kind of what’s going on with Bitcoin right now.

Since February, when Donald Trump


Donald Trump

Donald Trump is an American former president politician, businessman, and media personality, who served as the 45th president of the U.S. between 2017 to 2021. Trump earned a Bachelor of science in economics from the University of Pennsylvania in 1968. Trump won the 2016 presidential election as the Republican Party nominee against Democratic Party nominee Hillary Clinton while losing the popular vote. As president, Trump ordered a travel ban on citizens from several Muslim-majority countries, diverted military funding toward building a wall on the U.S.โ€“Mexico border, and implemented a family separation policy. Trump has remained a prominent figure in the Republican Party and is considered a likely candidate for the 2024 presidential election

President

officially announced his aggressive tariff plan, the US economy has been in a turbulent state. At the start of that month, the S&P market was at $5,969.58. Since then, the market has declined by at least 9.5%. Similarly, the Nasdaq 100 index has dropped by over 12.14%. Surprisingly, Bitcoin, which is generally considered as a hedge against market uncertainty, has followed the trend in the US stock market during the period, as it has decreased by approximately 18.49%. Meanwhile, during the period, gold has surged by no fewer than 10.47%.

Now, you’d think that Bitcoin would be all like, “Hey, I’m a digital gold, I’m a safe haven, I’m a non-correlated asset!” ๐Ÿ’ƒ But nope, it’s been acting like a risk asset, selling off along with the stocks. It’s like it’s saying, “Oh, I’m a free spirit, I don’t care about the market!” ๐Ÿ™ƒ But really, it’s just a slave to the market, just like the rest of us.

Enter Michael Saylor


michael saylor

Michael Saylor is a Co-founder of Strategy formerly MicroStrategy. Before founding Microstrategy, he was a rocket scientist and studied aeronautics and astronautics at MIT on an Air Force scholarship. He dubs Bitcoin ‘Digital Gold’. He made some early investment in Bitcoin as soon as he realized it was going to be the next big thing in shaping decentralized finance from traditional finance. His firm Strategy has made Bitcoin their primary treasure reserve. He is a vocal advocate and Top Bitcoin Speaker who participates in various Bitcoin and Crypto events. Michael Saylor is highly skilled in and has a rich knowledge of numerous fields, including analytics, data warehouses, SaaS, management, cloud computing, enterprise architecture, mobile devices, and many more.
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Personal Details:
Born: Feb 4, 1965Location: United StatesGraduation: He graduated from MIT in 1987 with a double major in aeronautics, science, technology, and society.ย 
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Michael Saylor โ€“ Career Timeline

1983โ€“1987: Studied Aeronautics & Astronautics and Science, Technology & Society at Massachusetts Institute of Technology (MIT).
1989: Co-founded MicroStrategy (Strategy).
1998: MicroStrategy IPO โ€“ Took MicroStrategy public on the NASDAQ at $12 per share.
2000: Accounting Scandal & Crash โ€“ MicroStrategy’s stock plunged 62% in a day due to an accounting misstatement, wiping out billions in valuation.
2004โ€“2019: MicroStrategy Rebuilds โ€“ Worked towards cloud-based analytics and AI-driven business intelligence, regaining stability.
2020: Bitcoin Strategy & Investment โ€“ Led MicroStrategyโ€™s $425M Bitcoin investment. He made it the first publicly traded company to adopt Bitcoin.
2021: Bitcoin Evangelism โ€“ Became one of Bitcoinโ€™s most vocal advocates, encouraging corporations and institutions to adopt BTC and blockchain.
2022: Stepped Down as CEO โ€“ Transitioned to Executive Chairman to focus entirely on Bitcoin strategy.

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msaylor@microstrategy.com
EntrepreneurCrypto and Blockchain ExpertAuthor



who’s like, “Hey, calm down, folks! This is just a short-term thing!” ๐Ÿ™ He says that Bitcoin’s high liquidity and 24/7 availability make it a convenient asset to sell during market downturns. It’s like, “Oh, I’m a risk asset, but only short-term, I swear!” ๐Ÿค‘

But ” ๐Ÿคฃ

In fact, in 2024, Bitcoin’s price surged by 121.1%, while the S&P 500 index only rose by 24.05% and the Nasdaq 100 by 27.10%. Gold, on the other hand, saw a surge of just 27.54%. So, maybe Bitcoin is more independent than we think? ๐Ÿค”

FAQs

How have U.S. tariffs impacted Bitcoinโ€™s price?

Bitcoin dropped 18.49% since the tariff announcement, reflecting market-wide risk aversion, but experts see this as a temporary trend.

Will Bitcoin recover after the recent drop?

If market uncertainty eases, Bitcoin could rebound, with analysts eyeing $2,400 as the next key resistance level.

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2025-04-04 13:07

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