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Crypto Winter Meets Banking Crisis: A Tale of Three Banks

Bloomberg Crypto

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The Usurpers of the Banking System Thesis

The collapse of a major U.S. bank is being seized upon as a victory by some in the crypto community, says John Defterios. It's not clear that it's exactly that it's indisputable the reason for the rally we've seen, he adds. The usurpers of the banking system thesis is definitely the most attractive one to crypto proponents right now,. But there are other factors at play too such as interest rates falling and Pavlo-Envyan reaction among others.

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