Bitcoin’s banking crisis surge will ‘attract more institutions’: ARK’s Cathie Wood
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The value proposition of Bitcoin (
Linch, on the other hand, believes that “aggressive” institutional adoption will come when opportunities become more easily identifiable:
“Show them a way that it can be done and it can make them money and I guarantee you they won’t stand in the way of that. They’ll be pedal to the metal to exploit that opportunity.”
Positive sentiment has surrounded Bitcoin following the collapses of Silvergate Bank, Silicon Valley Bank and Signature Bank. The BTC price has surged 43.6% since its most recent low on March 11, compared to a 25.3% increase in the broader crypto market over that time, according to CoinGecko data.
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