2023-03-14
BTC surpassed $24,000 shortly after President Joe Biden's resignation. It asserts that the U.S. banking system is secure.
Ref: BITCOIN Price in USD: BTC Live Price Chart News (blocksky.io)
Bitcoin rose 9% in minutes after U.S. President Joe Biden insisted the American banking system was "secure."
After
collapsing of both giant banks, Silicon Valley Bank and Signature Bank
recently, it made a serious panic. Some expect more dominoes in this sector.
Joe Biden Americans should have confidence in the domestic banking system, describing it as "safe" and ensuring that customer deposits remain secure, and small businesses will be more comfortable knowing they can still pay employees and pay bills.
"Every American should feel confident that their deposits will remain well and be ready when they need them."
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