“Donald Trump Not A Fan Of Bitcoin”
“I am not a fan of Bitcoin and other Cryptocurrencies, which are not money, and whose value is highly volatile and based on thin air.”
On 2019-07-11, Donald Trump (President of the United States) declared Bitcoin dead via Twitter. Bitcoin was trading at ~$11,346 at the time. The call joins the growing canon of premature obituaries.
The declaration was catalogued on July 11, 2019, when one Bitcoin traded for approximately $11,346. Since then, Bitcoin has appreciated by 5.4× relative to the price on the day Crypto Twitter (X) pronounced it finished.