Bitcoin Rallies Above $63,500 After Speculation of Michael Dell Buying Bitcoin

Jun 30, 2024

Bitcoin had a Sunday night rally above $63,500, rising nearly 5% for the day. This comes amid speculation that Dell CEO Michael Dell is going to buy bitcoin.

Michael Dell recently posted on X a poll asking what is “The most important thing”?

The most important thing

— Michael Dell (@MichaelDell) June 28, 2024

The options included the choice of Bitcoin, which has further added to speculation that Dell will be buying bitcoin in the near future. Perhaps this Sunday night rally is a “buy the rumor, sell the news” type of event. The next week of trading will provide a better idea if the Dell bitcoin rumor holds any weight.

Tags: people price

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