Bitcoin's Surge Explained
Bitcoin has surged by approximately 30% following the collapse of Silicon Valley Bank, driven by fears of economic instability and hyperinflation. Balaji, a former Coinbase executive, has made headlines by betting a million dollars that Bitcoin will reach $1 million in 90 days, citing a potential collapse of the US dollar. Interestingly, despite the crisis, trust in banks appears to have increased, as Americans recognize the safety of their deposits amidst rising concerns over fiat currency.In this clip
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