With the European and American banking industry thundering, voices optimistic about Bitcoin have emerged again.

(Reuters)

[Financial Channel/Comprehensive Report] After the European and American banking crisis broke out, the currency circle unexpectedly rebounded against the trend. Bitcoin has risen by more than 60% so far this year.

Industry insiders said that this year, Bitcoin has the opportunity to test the previous historical high of 69,000 US dollars, and even break through 100,000 US dollars.

Marshall Beard, chief strategy officer at cryptocurrency exchange Gemini, said that if Bitcoin manages to approach $69,000, it won't take long to reach $100,000.

Paolo Ardoino, CTO of stablecoin issuer Tether, also said Bitcoin could retest the November 2021 record of $69,000.

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Supporters of the currency circle generally believe that in this banking crisis, instead of crashing, Bitcoin has rebounded against the trend, which just proves that Bitcoin is replacing the status of traditional banks and becoming another place for people to protect the safety of funds.

Oliver Linch, CEO of Bittrex Global, also believes that it is the collapse of the traditional banking system that frightens people and prompts Bitcoin to rebound.

"CNBC" pointed out that Bitcoin has outperformed the stock market or commodities this year, and the banking crisis may prompt the Federal Reserve (Fed) to slow down the pace of interest rate hikes. In any case, this will encourage risky assets such as cryptocurrencies.

As of press time, Bitcoin was tentatively trading at $27,675.70, up 66.67% so far this year.

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