Replying to Avatar Len AKA The Lengendāš”

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.
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Rico 2y ago

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.

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