From Investing.com: 2024-05-24 08:30:26

Bitcoin maximalist and MicroStrategy executive chairman Michael Saylor remains bullish on BTC amid the approval of spot exchange-traded funds by the SEC, predicting Bitcoin’s dominance over competitors like Ethereum.

Saylor’s “Bitcoin Godzilla” tweet showcases his confidence in Bitcoin’s power, with the image of the movie monster symbolizing the disruptive influence of BTC in the market.

Bitcoin maxi Samson Mow expresses a bearish outlook on Ethereum, citing the SEC’s approval as a forced decision and maintaining his negative stance on ETH’s future performance.

Despite an initial 5% surge in response to the ETF news, Ethereum experienced a 6.86% drop soon after, currently trading at $3,664 per coin.

Read more at Investing.com: Crucial “Bitcoin Godzilla” Message Issued by Michael Saylor After Ethereum ETF Approval By U.Today