Could Mass Bank Bailouts Have Triggered the Early Crypto Bull Run? 💰 Bitcoin and Ethereum on a Rally! 🔥🚀
The price of Bitcoin is surging, up 20 in the past day after regulators and the Joe Biden Administration stepped in to assuage investors that depositors in the failed Silicon Valley Bank would be made whole—and that the U.S. banking system remains on stable ground. USDC has now regained its peg, sparking optimism in investors plugging cash into the digital asset space. Is the money printer triggering an early bull run soon? ~This episode is sponsored by iTrust Capital~ iTrustCapital | Get $100 Funding Reward + No Monthly Fees when you sign up using our custom link! ➜ #Bitcoin #ethereum #Crypto ~Mass Bank Bailouts = Early Crypto Bull Run? 💰 Bitcoin + Ethereum Rally! 🔥🚀~ ⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺ Become a Diamond Circle Member FREE! ➜ Subscribe on YouTube ✅ Facebook 📱 Twitter 📱 Crypto Power Index Beta Access ➜ Looking for the best tax havens for Crypto? Free Month with iTrust Capital - Use PROMO CODE - PAUL BARRON ───────────────────────────...(read more)
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The global financial crisis that occurred a decade ago had a profound impact on the world's economies. As a result, many countries had to resort to massive bailouts for their banks to ensure that their financial systems remained intact. One of the most significant bailouts was carried out by the US government, which provided financial aid to several large banks in the country. However, the impact of the bailout was not limited to the traditional finance markets. In fact, it is believed that the government's intervention in the banking sector led to the rise of the cryptocurrency market. This is because people started losing faith in the traditional banking system, which turned them towards alternative forms of financing, such as cryptocurrencies. The first cryptocurrency, Bitcoin, was created just a year before the global financial crisis. However, it really gained popularity in 2010, after the bailout of the banks. As people started losing faith in the traditional banking system, they started looking for alternative methods of finance. Bitcoin became one such alternative, as it offered a decentralized system of payments that did not require the intervention of governments or banks. The early adopters of Bitcoin were mainly tech enthusiasts who were looking for a new way to transact online. However, as time passed, more and more people started investing in cryptocurrencies. This led to a massive rise in the value of Bitcoin, which went from being worth less than a dollar to being worth thousands of dollars within a few years. One of the other major cryptocurrencies that gained popularity after the bank bailout was Ethereum. Ethereum is a blockchain-based platform that enables the development of decentralized applications. It was created in 2015, and quickly gained attention due to its potential to disrupt the traditional finance sector. Today, the rise of cryptocurrencies like Bitcoin and Ethereum can be attributed in part to the global financial crisis and the mass bank bailouts that followed. People started losing faith in traditional banking, and turned to alternative forms of finance in search of a more secure and decentralized system. In conclusion, it is clear that the global financial crisis and the mass bank bailouts of 2008 had a profound impact on the world's economy. However, it also led to the rise of Bitcoin and Ethereum, and consequently paved the way for the early crypto bull run. As more and more people turn towards cryptocurrencies, it will be interesting to see how they continue to disrupt the traditional finance sector. https://inflationprotection.org/could-mass-bank-bailouts-have-triggered-the-early-crypto-bull-run-bitcoin-and-ethereum-on-a-rally/?feed_id=93227&_unique_id=644fb63596c64 #Inflation #Retirement #GoldIRA #Wealth #Investing #bailout #bankbailout #bankcollapse #bankcontagion #bankcrash #bankcrisis #biden #Bitcoin #bullrun #cryptobank #cryptobullrun #cryptonews #CryptoRally #cryptoupdate #ethereum #fdic #fdicinsurance #fedmeeting #federalreserve #Finance #interestrates #Janetyellen #jeromepowell #JimCramer #jpmorgan #LIVE #livestream #moneyprinter #siliconvalleybank #silvergatebank #SOLANA #stablecoin #stockmarketcrash #svbank #Tether #usdc #USDCdepegged #WellsFargo #BankFailures #bailout #bankbailout #bankcollapse #bankcontagion #bankcrash #bankcrisis #biden #Bitcoin #bullrun #cryptobank #cryptobullrun #cryptonews #CryptoRally #cryptoupdate #ethereum #fdic #fdicinsurance #fedmeeting #federalreserve #Finance #interestrates #Janetyellen #jeromepowell #JimCramer #jpmorgan #LIVE #livestream #moneyprinter #siliconvalleybank #silvergatebank #SOLANA #stablecoin #stockmarketcrash #svbank #Tether #usdc #USDCdepegged #WellsFargo
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