Bitcoin has rocketed higher in recent weeks, adding 30% since dropping to lows of $60,000 per bitcoin, as traders brace for an Elon Musk game-changer.
Sign up now for CryptoCodex—A free crypto newsletter that will get you ahead of the market
The bitcoin price rally, taking some by surprise after warnings that a bitcoin nightmare is suddenly coming true, comes after the combined bitcoin market capitalization crashed by more than $1 trillion in just three months.
Now, as a former Federal Reserve chair issues a shock “hyperinflation” warning to the U.S. dollar, Strategy founder Michael Saylor has declared the bitcoin winter that’s wiped more than 60% from the value of his company is “over.”
