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Bitcoin price rebounds 30% as Michael Saylor declares crypto winter over after major crash

Market News
24 Apr 2026
Forbes
View Source
Bullish
pluang ai news

Bitcoin's price has surged 30% from recent lows of $60,000, following a $1 trillion market cap crash in three months. Michael Saylor, founder of Strategy and a major bitcoin holder, declared the crypto winter over despite his company's stock being down 60% since last year. Strategy now holds over 800,000 bitcoins, surpassing BlackRock as the largest institutional holder. While some traders see this as a sign of recovery, analysts caution that bitcoin's rally is driven more by macroeconomic factors than by crypto fundamentals, with bitcoin and ethereum behaving like high-beta assets tied to global liquidity rather than stable digital gold hedges.

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