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Bitcoin market cap grows 60% in 2023 as top Wall Street banks lose $100B

  • 📰 Cointelegraph
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  • Publisher: 51%

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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.

 

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Your welcome 🤗

I guess someone forgot to tell the banks that Bitcoin is here to save the day! CryptoToTheRescue

$RLC es el futuro 🚀🚀

NExt week will be huge breakout for BTC

The market capitalization of Bitcoin has added $194 billion in 2023. Its 66% year-to-date (YTD) growth vastly outperforms top Wall Street bank stocks, particularly as fears of a global banking crisis are rising.

Nice read

cenbank FirstBankngr FBN_help You people should credit my £3,475 refund since 5 months now!!! It's my money not yours.

Q1 winner lol... rather 21st century winner

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