Why Bitcoin Is Soaring Amid Bank Failures & Crypto Crackdown

06/04/2023 13 min
Why Bitcoin Is Soaring Amid Bank Failures & Crypto Crackdown

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Episode Synopsis

Our Senior Research Analyst, Nick explains why Bitcoin has relatively safety in the market via increased regulatory clarity and fewer risk points than the rest of the crypto market.In the first quarter of 2023, BTC was the world's top-performing asset. Year to date, BTC is +70% and remains 60% below all-time highs.Timestamps:00:00 Intro00:36 Bitcoin Rally01:39 Regulatory Status04:40 Bitcoin's Purpose07:34 What Next?11:11 Bitcoin vs Other Cryptocurrencies11:57 Outro