There are 4,157 commercial banks in the USA.
1 of them, SVB, went tits up and Bitocin jumped several thousand dollars.
What happens when the remaining 4,156 banks go under?
$2,000 x 4,156 banks = $8,312,000
The price of Bitcoin will be $8,336,000 when all is said and done.
Also correlated to CZs move:
Given the changes in stable coins and banks, #Binance will convert the remaining of the $1 billion Industry Recovery Initiative funds from BUSD to native crypto, including #BTC, #BNB and ETH. Some fund movements will occur on-chain. Transparency.
