Bitcoin and Cryptocurrency Direction Up in the Mid-Long Term According to Coinbase

Coinbase, the largest US crypto exchange, claimed that the banking crisis in the country strengthened the medium and long-term outlook for Bitcoin (BTC) and cryptocurrencies upwards.

coinbase March 17 In the weekly market outlook report published on its official website on Silvergate Bank, Silicon Valley Bench And Signature Bench‘of their sudden collapse cryptocurrency market to the long-term future about strengthens the trust told.

The report states that cryptocurrencies are against what is going on. positive responseinherent in the traditional financial system. failure against the points strong One alternative being seen as caused by expressed. Cryptocurrencies themselves trust, open blockchain technology and transparent smart contracts are the points that cause the banks to collapse. on the opposite side to position debtor It was noted that.

On the other hand, crypto companies financial from the system exclusion possibility or banking institutions personal decisions with crypto companies not wanting to work Various recently payment problems by removing the crypto money sector in the short term that you can get in trouble underlined.

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