Michael Saylor Reacts To The Current Crypto Crash The cryptocurrency crash has wiped away almost $1 Trillion of market capitalization in a month, with just about every coin being in the red in the past 7 days. Bitcoin is currently trading at $29,860, down 16% in the past 7 days. Bitcoin detractors and trolls are rejoicing in the crash, calling for Bitcoin to go to zero and for one of Bitcoin’s biggest bulls, Michael Saylor, to go bankrupt. Reports recent surfaced that Michael Saylor and his company, Microstrategy, would be forced to liquidate some of their Bitcoin if the price slid below $21,000. Saylor took to Twitter to clarify the report, yet trolls still are awaiting his downfall. In a short 5 minute segment with Fox News, Michael Saylor gave his reaction to the crash, addressed the situation with the trolls, and provided an update to the state of Bitcoin.