Summary
- Bitcoin’s price has surged during times of banking crisis, leading some to believe it’s a safe-haven asset.
- The US banking system is facing mounting stress with rising unrealized losses and banks on the “Problem Bank List.”
- Experts caution that Bitcoin’s value could rise sharply, but a $1 million price target may come at a cost during an economic meltdown.
- The future of Bitcoin remains uncertain, dependent on the health of the banking system and the overall economy.
