Is The US Bank Crisis An Opportunity For Bitcoin? Will BTC Go Up More? Bernstein Report!

The banking crisis in the USA in the past weeks bitcoin And cryptocurrencyhad caused a decline.

But US regulators’ plans to bail out banks BTC And altcoinhad increased.

The investment company evaluating these events Bernstein Analysts said that after banking problems, the cryptocurrency market will experience further rise.

According to the news of Coindesk, Bernstein analysts stated that traditional banking and the financial system were shaken by the problems experienced by the banks.

Analysts, this cryptocurrency He argued that the market created the perfect environment for the market to stand out as an alternative to traditional banking.

Silicon Vallley Bank, Silvergate Bank and Signature Arguing that the crash was a general banking problem, analysts Gautam Chhugani and Manas Agrawal pointed out that crypto is not related to these crashes and that the problems that led to the crash are unique.

“The banking crisis in the USA has caused Bitcoin, Ethereum and the rest of the decentralized financial system; It is the perfect environment for it to stand out as an alternative system that is completely separate from the traditional central banking system.”

Lastly, the report said that as the crypto industry thrives, banking may be weaker in the US, but will remain stable internationally, with access through over-the-counter (OTC) centers in Asia and Europe.

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