U.Today – Long-term executive chairman of Bull and MicroStrategy, Michael Saylor, released a Bitcoin-related message to the BTC community after news broke of the U.S. Stock Exchange issuing approval for spot-traded funds.
According to his tweet, Saylor still expects Bitcoin to beat Ethereum and all other rivals in the market.
Saylor’s “Bitcoin Godzilla” message.
Prominent Bitcoin maximalist Saylor posted a “bullish” response to BTC to a jubilant crypto community: “All your models will be destroyed when Godzilla comes. #Bitcoin” along with an image of the movie monster smashing everything around him.
The Godzilla image has the BTC mascot in the lower right corner, which seems to indicate the enormous power of Bitcoin that its supporters believe in and the future market impact they expect.
Bitcoin maxi Samson Mow confirms ETH’s bearish outlook
Another Bitcoin maximalist, Jan3 CEO Samson Mow, also reacted negatively to the approval of the Ethereum ETF.
Mow believed that the odds of Ethereum spot ETFs being approved were always 50/50. He believes the only real reason for approving this decision is because the SEC painted itself into a corner and “had no choice but to let it pass.”
Mow recalled that in his opinion, the ETF approval “does not change the bearish outlook for Ethereum at all.” Earlier this week, Mow tweeted that now is the last chance to sell ETH above 0.05 BTC.
On Thursday, the second-largest cryptocurrency, Ethereum, reacted to the ETF news by rising almost 5% to $3,937. However, there was a rebound that caused Ethereum to decline by 6.86%. As of this writing, ETH is changing hands at $3,664 per coin.