Michael Saylor's company, Strategy, purchased 3,459 Bitcoin worth $285.5 million, reflecting confidence in Bitcoin despite market volatility. The company has acquired 531,644 Bitcoin totaling $35.92 billion.

While the most famous cryptocurrency is Bitcoin, other top cryptocurrencies by market capitalization include Ethereum, BNB, Litecoin, XRP, and Dogecoin among others. The price of cryptocurrency is determined by the interaction between supply and demand on leading cryptocurrency trading platforms.