From Investing.com:

The United States is showing signs of another financial crisis, as New York Community Bank’s share price fell by 37.67% on Wednesday. This could have significant implications for the New York economy, mirroring previous events that impacted other regional banks like Silvergate and Silicon Valley Bank. Bitcoin, with its limited supply and immunity to inflation, is being hailed as a potential savior for investors. As traditional banking giants like BlackRock show interest in BTC, the cryptocurrency is being seen as a hedge against banking collapses.



Read more: US Banking Crisis Might Be Here Again, Can Bitcoin (BTC) Save the Day? By U.Today