It already doesn't seem to have impacted the price of bitcoin, which did go from $20k>19.4k today but has already been cycling like that because it's dumbass dollars. If I saw that a major bank was robbed or defaulted and FDIC insurance didn't protect its members, I'd withdraw my money from an entirely different bank chain in anticipation of things getting worse. There's nothing to stop the same thing happening at my bank tomorrow and no cavalry over the hill.
It already doesn't seem to have impacted the price of bitcoin, which did go from $20k>19.4k today but has already been cycling like that because it's dumbass dollars. If I saw that a major bank was robbed or defaulted and FDIC insurance didn't protect its members, I'd withdraw my money from an entirely different bank chain in anticipation of things getting worse. There's nothing to stop the same thing happening at my bank tomorrow and no cavalry over the hill.