For the last few weeks, Bitcoin hasn’t seen shiny days as its value keeps swinging up and down within a short range. The start of the market crash saw the top crypto lose a whole 40% of its market value. Its market capitalization also took a huge hit, going down to around $70 billion from the previous levels of over $100 billion. However, despite the current volatility plaguing the crypto market, Bitcoin is still scoring points from various support quarters.
One of the most recent and notable support for Satoshi’s creation came from the NYSE Chairman Jeff Sprecher. Speaking at a New York conference dubbed Consensus: Invest, Jeff first clarified that being an exchange operator, he had no business offering opinions about crypto prices. However, he took exception with the top crypto, naming it as the one cryptocurrency that has survived against harsh odds. In his own words,” somehow Bitcoin has lived in a swamp and survived.”