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**Proof of Institutional Bulk Purchase of Bitcoin When Prices Drop, Cantor CEO: We Buy!**
Cantor CEO Fritzgerald Howard Lutnick stated that the company he leads will buy Bitcoin (BTC) whenever its price drops. He expressed this during a recent podcast.
“Every time Bitcoin drops, I will be a buyer. Essentially, we will also be a sponsor to introduce Bitcoin to the traditional financial industry,” he said.
He also assured that traditional banking will eventually follow Cantor's lead in adopting Bitcoin. Because, Howard, who is also the U.S. Secretary of Commerce, believes Cantor is one of the market leaders who is widely trusted.
“The more people believe, the more valuable it becomes. One day, Bitcoin will not be referred to as currency, it will be a commodity,” he stated.
As information, Bitcoin is currently valued at US$87 thousand, or up 2% in the last day, according to CoinMarketCap.
Image Source: #AkademiCryptoNews
**Proof of Institutional Bulk Purchase of Bitcoin When Prices Drop, Cantor CEO: We Buy!**
Cantor CEO Fritzgerald Howard Lutnick stated that the company he leads will buy Bitcoin (BTC) whenever its price drops. He expressed this during a recent podcast.
“Every time Bitcoin drops, I will be a buyer. Essentially, we will also be a sponsor to introduce Bitcoin to the traditional financial industry,” he said.
He also assured that traditional banking will eventually follow Cantor's lead in adopting Bitcoin. Because, Howard, who is also the U.S. Secretary of Commerce, believes Cantor is one of the market leaders who is widely trusted.
“The more people believe, the more valuable it becomes. One day, Bitcoin will not be referred to as currency, it will be a commodity,” he stated.
As information, Bitcoin is currently valued at US$87 thousand, or up 2% in the last day, according to CoinMarketCap.
Image Source: #AkademiCryptoNews