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Scottie Pippen’s Bitcoin Tweet Sparks Frenzy as BTC Takes a Dive

Scottie Pippen’s Bitcoin Tweet Sparks Frenzy as BTC Takes a Dive

Author:
Coingape
Published:
2025-06-05 09:06:00
16
1

NBA legend Scottie Pippen just became the latest celeb to wade into crypto drama—and traders are eating it up. His tweet hit like a flash crash as Bitcoin’s price slid, proving once again that markets move faster than a rookie on a fast break.

When bulls get skittish, even a retired basketball star can become the oracle of Wall Street’s digital playground. Meanwhile, traditional finance guys are still trying to figure out how to short a tweet.

SMLR Buys 185 More Bitcoins, Now Holds 4,449 BTC

NBA legend Scottie Pippen has sparked fresh conversation in the crypto space with a two-word tweet that’s getting attention: “Study Bitcoin.”

The timing is interesting. His message came just as Bitcoin dipped nearly 2%, slipping from almost $107,000 to around $104,630. Some saw it as encouragement during a market pullback, others saw it as a continuation of his curious role in the Bitcoin conversation.

This is not Pippen’s first post related to crypto. How does the player fit into the blockchain world? Let’s explore. 

A Growing Crypto Persona

Pippen has built a light-hearted – yet increasingly noticeable – presence in the crypto space, previously joking about Satoshi Nakamoto visiting him in a dream to deliver BTC price predictions.

While that tweet made the rounds as a meme, today’s post feels more intentional. Short, direct, and timed during a pullback. 

Some followers asked Pippen to connect them to his dream-version of Satoshi. Others pushed back, suggesting self-awareness matters more than market charts. But many simply took the advice at face value.

This is solid advice!
I’ve noticed that many people struggle to understand bitcoin because they don’t fully grasp the problem it’s solving.
If you study the history of money and central banking first, the case for Bitcoin becomes much clearer. It’s the solution to a very real…

— King Damo (@KingDamoUK) June 5, 2025

This is a recurring sentiment. 

Just last month, Pippen had shared another pointed message: “Damn it feels good to be a Bitcoin BULL.”

Damn it feels good to be a Bitcoin BULL

— Scottie Pippen (@ScottiePippen) May 11, 2025

The Saylor Effect All Over Again 

Pippen’s two-word message isn’t far from what Bitcoin’s most prominent corporate backer has been saying for years.

Michael Saylor, co-founder of Strategy (formerly MicroStrategy), often credits his company’s Bitcoin strategy to a concentrated effort: 100 hours studying Bitcoin. That study led to a full pivot in 2020, and the firm has since acquired 580,955 BTC, now valued over $61 billion.

Saylor’s view is that time invested in understanding Bitcoin fundamentally changes your outlook. Maybe Pippen is hinting at the same thing. 

Bitcoin Education on the Rise?

Scottie Pippen’s call may sound simple, but it touches on a deeper truth: Bitcoin literacy is still remarkably low. 

Despite years of media attention and record-breaking prices, only 4% of the global population currently holds Bitcoin, according to a 2025 report. 

The report further reveals that BTC adoption remains heavily concentrated in developed regions, while developing economies – often those with the most to gain from decentralized financial infrastructure – are still catching up. In fact, estimates suggest Bitcoin has only reached 3% of its maximum adoption potential. 

But now, a new wave of decentralized education platforms is empowering millions to explore Bitcoin, blockchain, and broader Web3 technologies. 

Speaking at #Bitcoin2025, U.S. presidential candidate Vivek Ramaswamy advocated for Bitcoin to be integrated into school financial literacy programs – a long-game MOVE aimed at building investor confidence and normalizing crypto engagement for future generations.

A younger, more informed demographic entering the market will increase trade volume and influence regulatory policy.

|Square

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