Crypto

$1.6 Trillion Market Capitalization: Saylor Defends Bitcoin's Value

Guavy AI Editorial Team Published September 20, 2026

Instruments

BTC

Bitcoin's market capitalization has reached $1.6 trillion, according to Michael Saylor, executive chairman of Strategy.

This figure comes after Bitcoin saw a price increase of around $80,000 on Friday.

However, not everyone is convinced that this is a sign of a comeback for the asset.

Jason Calacanis, an American investor, believes that Bitcoin has lost its appeal with the general public due to its 17-year existence.

The Wire

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