Michael Saylor Reacts as Bitcoin (BTC) Breaks Above $71,000.

Michael Saylor, cofounder of MicroStrategy business intelligence giant and a prominent Bitcoin evangelist, continues a series of BTC-themed tweets that he has been publishing daily. His recent tweet coincided with the world's leading digital currency reclaiming the much-anticipated $71,000 price level.

In an earlier tweet, however, Saylor made a Bitcoin-related prediction about the future of money.

Michael Saylor's statement as Bitcoin price jumps.

In a recent tweet, Saylor published an Al- generated photo of a bee inside a beehive with a Bitcoin mascot inside it. "Join the Swarm," the tweet invites, meaning the rapidly growing global community of BTC believers and holders.

His earlier tweet, though, contains a prediction of the future form of money. Saylor tweeted that he expects the future of money to be digital, concluding the tweet with a Bitcoin hashtag.

Bitcoin surged above the $71,240 level yesterday and then again recovered it today after a small rebound, as market participants look forward to potential interestrate cuts by the U.S. Federal Reserve as early as November. The Bitcoin price increase from Tuesday to today constituted 3.71%. The decline since then has been almost 0.9%, with Bitcoin changing hands at $70,680.

Aside from that, on Tuesday, spot Bitcoin ETFs saw massive inflows as they absorbed a whopping $887 million in BTC. BlackRock's IBIT scooped up $274 million, while Ark Invest increased its BTC holdings by $139 million. This happened to be the second largest daily inflow since the Bitcoin ETF approval by the SEC in mid- January.