🏦Recently, we have seen the fall of US banks. First, it became known about the bankruptcy of the 16th largest US bank - Silicon Valley Bank (SVB), which specialized in financing start-ups. After that, American financial regulators closed the New York Signature Bank. This created a panic in the market, many investors began to withdraw their deposits, as they no longer believed in the banking system, which from year to year said: "Your money is safe."💰 💰Many depositors have not yet been able to withdraw their funds, unlike cryptocurrencies, the bank is an intermediary that stores your funds. And this complicates the withdrawal at any time of their funds. Investors have realized that it is better to keep their investments in cryptocurrency, and especially in bitcoin, since you can take them at any time. Since the funds are in the blockchain and are not controlled by additional authorities.💲 This is one of the things that caused the rise of Bitcoin. In addition, there was news about the launch of a government program in the United States, the purpose of which is to provide local banks with access to liquidity to cover deposit obligations. The crypto community perceived the news as the launch of a "printing press", which means that part of the funds will go into investments in cryptocurrency, which will give growth. Therefore, it is better to start shopping soon.💸 We will continue the discussion in the next post. Write what you think about it in the comments?