Bitcoin vs. U.S. banks — the Q1 2023 winner is clear.
The rise of Bitcoin in the face of a growing U.S. banking crisis is similar to how it reacted during banking collapses in Cyprus and Greece.in 2013, prompted by the exposure of Cypriot banks to overleveraged regional real-estate companies.The situation was so dire that Cyprus authorities, in March 2013, closed all banks to avoid a bank run.and imposed capital controls on citizens to avoid a bank run, Bitcoin's price gained 150% during the period.
This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
Bitcoin is beating Warren Buffett’s 'crypto bet' in 2023Bitcoin and Warren Buffett's crypto bet on Nubank have been neck and neck over the past year.
Les mer »
Dow futures fall 60 pts; banks, jobless claims and housing starts in focus By Investing.com⚠️BREAKING: *U.S STOCK FUTURES DECLINE AS BANK CRISIS CONCERNS LINGER EVEN AFTER CREDIT SUISSE SECURES SNB LIFELINE $DIA $SPY $QQQ $IWM 🇺🇸🇺🇸
Les mer »
Bitcoin, Ethereum Technical Analysis: BTC Moves Briefly Back Above $25,000 – Market Updates Bitcoin NewsBitcoin briefly moved back above $25,000 on Thursday, as markets rebounded from a volatile session the day prior.
Les mer »
Bitcoin, Ethereum Technical Analysis: BTC Hits $27,000, Securing Fresh 9-Month High – Market Updates Bitcoin NewsBitcoin moved to a fresh nine-month high on Friday, as prices moved above the $27,000 level. Ethereum also moved higher.
Les mer »
China cuts banks' reserve ratio for first time in 2023 to aid recoveryChina's central bank said on Friday it would cut the amount of cash that banks must hold as reserves for the first time this year to help keep liquidity ample and support a nascent economic recovery.
Les mer »