Why Bitcoin Price Boomed Amid Bank Collapses

Matt (Head of Research) explains the latest U.S. bank collapses of Silvergate, Silicon Valley Bank (SVB) and Signature Bank. After these collapses, Bitcoin's price soared to 9-month highs of $25,000 and the broader crypto market also rallied.He also shares his take on whether there will be more collapses or whether U.S. authorities have done enough to restore confidence in the banking system.Matt's Article (Available For All Members): https://collectiveshift.io/bitcoin/bank-collapse-implications-and-why-btc-rallied/Timestamps:00:00 Intro00:16 Collapses of Silvergate, SVB & Signature Bank01:42 USDC Stablecoin Depeg02:44 Why the Banks Failed05:44 Case for Bitcoin07:40 Liquidity Backstop08:25 Will More Dominoes Fall?10:03 Outro