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MicroStrategy CEO says bitcoin will one day have $100 trillion market value even as price dives



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MicroStrategy CEO Michael Saylor told CNBC on Tuesday he believes bitcoin will continue appreciating in value to the point where the cryptocurrency becomes a “stabilizing influence” for the entire global financial system. He predicted, in a bold call, that bitcoin’s market value would be worth $100 trillion one day.Saylor’s comments on “Squawk Box” came as the price of bitcoin fell more than 10% Tuesday, dipping below $50,000 per unit. The move lower took the market value of the world’s largest cryptocurrency back under $1 trillion, just a few days after the volatile digital asset eclipsed that level for the first time.However, Bitcoin …

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