The post $1 Million $BTC Prediction as Regional Banks Face Ongoing Crisis; This Memecoin Just Hit $3.2 Million appeared on BitcoinEthereumNews.com.

New York Community Bancorp’s (NYCB) stocks has dropped more than 61% in 2024, sparking fears of another regional financial catastrophe in the U.S. Because of this potential crisis, predictions of a $1 million price tag for Bitcoin are starting from crypto experts. As the situation worsens, $BTC is already showing signs of significant bullish activity, rallying past $48k. Meanwhile, after surpassing the $3.2 million mark, Galaxy Fox ($GFOX) has become one of the best meme coins to buy in 2024. Continue reading to learn more. >>BUY $GFOX TOKENS<<   Bitcoin ($BTC) Could Surge To $1 Amidst Banking Crisis Following the release of its 2023 fourth-quarter results, the New York Community Bancorp stocks plunged by more than 25%. The report stated that the bank recorded an unexpected $260 million loss in Q4 2023. The recent price decline now means the stock of the U.S. bank is down by more than 61% since the beginning of 2024 to trade at its lowest level since June 2021. The plunging stock prices of regional banks have raised concerns of another crisis less than a year after the previous one. Similar to the 2023 regional financial crisis, $BTC has had a major bull run. On the weekly chart, Bitcoin has risen 10% to $47,000. With the banking crisis intensifying, crypto experts are bullish on Bitcoin in 2024. In response to the banking crisis, Arthur Hayes, former CEO of BitMEX, has kept the Bitcoin $1 million bet on the table. While the projection of $1 million in bitcoin is extremely optimistic, it is not impossible. With the Bitcoin halving taking place in less than 70 days, $BTC is undoubtedly one of the best crypto coins to invest in the next few months. >>BUY $GFOX TOKENS<<   New Meme Coin Raises $3.2 Million, Prepares for 100x Price Surge Amidst the…

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Filed under: News - @ February 18, 2024 12:24 pm