Matthew Kratter, founder of Bitcoin-focused investment firm Trader University highlighted Bitcoin in light of the ongoing US banking crisis, noting that the collapse of three major cryptocurrency banks earlier this month had just taken people “one giant step closer to a Bitcoin standard.”
Kratter also took a jab at a recent Coinbase ex-CTO, Balaji Srinivasan’s prediction that Bitcoin will reach $1 million in approximately 90 days from last week.
“This is quite a sensational thing to say. Is this possible? Yes, anything is possible with Bitcoin. Is this likely? I would say definitely not,” Kratter said, referring to Balaji’s prediction.
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