A widely followed crypto strategist says the US banking crisis is one of the best advertisements for traders interested in Bitcoin (BTC).
In a new interview on Crypto Banter, the anonymous host of InvestAnswers says he believes people are investing fiat currencies in Bitcoin over fears of the banking fallout.
He says those who lived through the Great Recession of 2008, which was triggered by a banking crisis, are viewing Bitcoin as a safer place to invest their wealth.
“I think what’s happening is you’ve got people coming into Bitcoin. All they know is Bitcoin. They don’t know crypto. But they’re afraid for their fiat, therefore they’re buying Bitcoin first. That’s what you’re seeing here. You’ve got people that have been in Bitcoin for the
Join the conversation!
Please share your thoughts about this article below. We value your opinions, and would love to see you add to the discussion!