Why The Collapse Of Banks Is Bullish For Crypto The collapse of banks is a major event that has a significant impact on the global economy. In recent years, the banking system has been under immense pressure due to the global financial crisis, and many banks have been forced to close their doors. This has caused a lot of disruption to the financial system, but it could also be seen as a potential opportunity for the crypto market. The banking system has been the traditional way of handling money, and its collapse could be a major boon for the crypto market. With banks no longer available to handle transactions, people are turning to digital currencies as an alternative. This is because cryptocurrencies are decentralized and not subject to the same regulations as traditional banking. This means that transactions are faster, more secure, and less susceptible to fraud. The collapse of banks is also a great opportunity for the crypto market because it could lead to more people investing in digital currencies. As banks become less reliable, people are more likely to look for alternative ways to store and manage their money. This could lead to an influx of new investors into the crypto market, which could result in increased demand and higher prices. Overall, the collapse of banks is bullish for crypto. It could lead to more people investing in digital currencies, faster and more secure transactions, and less regulation. This could be a great opportunity for the crypto market, and could lead to increased demand and higher prices in the future.