Ybaser
vip

Shares of another bank in the USA are collapsing! Will It Have an Impact on Bitcoin (BTC)?


As of last year, a banking crisis broke out in the United States as a result of the US Federal Reserve's excessive tightening of the markets. In line with this crisis, many local banks such as Silicon Valley and Signature Bank went bankrupt.

In the last period, the banking crisis came to the fore again. As of today, the shares of New York Community Bank, a US-based bank founded in 1859, have experienced a 25% collapse.
In the last 1.5 months, the bank's shares have fallen by a whopping 61 percent to their lowest level since June 2000.
Community Bank of New York bought Signature Bank, which went bankrupt last year. As of now, the bankruptcy frenzy in the banking sector has started to flare up again.

Although New York Community Bank is not expected to go bankrupt, the continuation of these declines in shares could change the situation.
These Latest Banking Crisis Rumors Could Start A New Rally In Bitcoin!
With a minor banking crisis in the past period, the leading cryptocurrency Bitcoin (BTC) experienced sudden increases.

Many institutional and individual investors saw Bitcoin as an escape port during the banking crisis and bought BTC.
In the coming period, the sharp decline in the shares of giant banks in the US may have a positive impact on Bitcoin.
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 6
  • Share
Comment
0/400
Asiftahsinvip
· 2024-02-07 14:32
thank you so much for the information
Reply0
Nunu123vip
· 2024-02-07 05:16
2024 TO DA MOON 🌕
Reply0
Miss_1903vip
· 2024-02-07 03:09
Thank you 🌹 for the information
View OriginalReply0
Ryakpandavip
· 2024-02-07 00:46
Grasp the trend and make a big profit in 2024 ✌️
View OriginalReply0
RarityTrendsvip
· 2024-02-07 00:17
2024 TO DA MOON 🌕
Reply0
M__demir34vip
· 2024-02-06 23:43
thanks for the information good work
View OriginalReply1
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)