Joe Biden made a statement about the falling of Silicon Valley Bank and Signature Bank. They depositors have been saved by some kind of action plan by the US Treasury.
He said that the banking system is safe…
And when something like that happens you have to watch out. Usually this means that shit is about to hit the fan!
I really hope I am not right with this, because another banking crisis after a year like 2022 would be devastating for lots of people their investments, pension plans, etcetera…
The falling of two banks was good news for crypto though, Bitcoin went back over 24000 USD and pushed alt coins with it!
This could be an epic run for crypto if shit hits the banking fan…
I guess we will see it soon!
Sincerely,
Pele23
