{"id":839,"date":"2021-06-10T06:56:29","date_gmt":"2021-06-10T06:56:29","guid":{"rendered":"https:\/\/www.sagaratechnology.com\/blog\/?p=839"},"modified":"2023-03-24T08:49:20","modified_gmt":"2023-03-24T08:49:20","slug":"will-bitcoin-experience-a-financial-crisis","status":"publish","type":"post","link":"https:\/\/sagaratechnology.com\/blog\/will-bitcoin-experience-a-financial-crisis\/","title":{"rendered":"Will Bitcoin Experience a Financial Crisis?"},"content":{"rendered":"\n<p>This one cryptocurrency gets a breath of fresh air which makes it now more widely accepted.\u00a0One of the giant US banks, Morgan Stanley, offers access to bitcoin financial to its wealthy customers.<\/p>\n\n\n\n<p>Rising <a href=\"https:\/\/en.wikipedia.org\/wiki\/Bitcoin\" target=\"_blank\" rel=\"noreferrer noopener\">Bitcoin<\/a> prices attracted the attention of major banks in the United States, especially after institutional investors to large companies began to enter the bitcoin market, one of which was Tesla.<\/p>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_76 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-69f23aff21f8e\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-69f23aff21f8e\"  aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/sagaratechnology.com\/blog\/will-bitcoin-experience-a-financial-crisis\/#Morgan_Stanley_does_not_grant_access_rights_and_restricts_investment\" >Morgan Stanley does not grant&nbsp;access&nbsp;rights&nbsp;and restricts investment<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/sagaratechnology.com\/blog\/will-bitcoin-experience-a-financial-crisis\/#Harnett_does_not_give_a_prediction_that_bitcoin_will_lose\" >Harnett does not give a prediction that bitcoin will lose<\/a><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Morgan_Stanley_does_not_grant_access_rights_and_restricts_investment\"><\/span><strong>Morgan Stanley does not grant&nbsp;access&nbsp;rights&nbsp;and restricts investment<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>However, Morgan Stanley as the first major bank in the United States also\u00a0does not provide this access to all customers, for now, Morgan Stanley\u00a0only allows clients who have an aggressive risk tolerance level, who have at least $2,000,000 in company funds under financial management.<\/p>\n\n\n\n<p>In addition, Morgan Stanley only limits bitcoin investments to 2.5% of their total net worth.&nbsp;If Morgan Stanley&#8217;s move is applied by other major banks, it is possible for bitcoin to continue to rise to record highs.<\/p>\n\n\n\n<h2><span class=\"ez-toc-section\" id=\"Harnett_does_not_give_a_prediction_that_bitcoin_will_lose\"><\/span><strong>Harnett does not give a prediction that bitcoin will lose<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Hartnett sees bitcoin rising far from rising assets that experienced a bubble, for example, the price of gold rose 400% in the late 1970s. These assets shot up to 3-digit percentage points before crashing and resulting in significant losses.&nbsp;However Hartnett does not provide a prediction that bitcoin will lose money, he only shows bitcoin as an example of increasing speculation.<\/p>\n\n\n\n<p>The market cap for bitcoin and all cryptocurrencies has increased many times based on the Coin market cap, the current bitcoin market cap is nearly $1.1 trillion.\u00a0This capitalization is equivalent to the value of Indonesia&#8217;s gross domestic product.\u00a0According to Mobius, the rise in cryptocurrencies is one of the reasons the stock market is strengthening because many bitcoin players are willing to take risks in other assets.<\/p>\n\n\n\n<p>Read also more <a href=\"https:\/\/sagaratechnology.com\/blog\/\" target=\"_blank\" rel=\"noreferrer noopener\">Sagara&#8217;s Article here. <\/a><\/p>\n\n\n\n<div class=\"is-content-justification-center is-layout-flex wp-container-1 wp-block-buttons\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>This one cryptocurrency gets a breath of fresh air which makes it now more widely accepted.\u00a0One of the giant US banks, Morgan Stanley, offers access to bitcoin financial to its wealthy customers. Rising Bitcoin prices attracted the attention of major banks in the United States, especially after institutional investors to large companies began to enter&#8230;<\/p>\n","protected":false},"author":14,"featured_media":840,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[123,128],"tags":[153,112,139],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Will Bitcoin Experience a Financial Crisis? - Sagara Asia Blog<\/title>\n<meta name=\"description\" content=\"Rising Bitcoin prices attracted the attention of major banks in the United States. Will bitcoin experience a financial crisis?\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/sagaratechnology.com\/blog\/will-bitcoin-experience-a-financial-crisis\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Will Bitcoin Experience a Financial Crisis? - Sagara Asia Blog\" \/>\n<meta name=\"twitter:description\" content=\"Rising Bitcoin prices attracted the attention of major banks in the United States. Will bitcoin experience a financial crisis?\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/sagaratechnology.com\/blog\/wp-content\/uploads\/2021\/06\/Will-Bitcoin-Experience-a-Financial-Crisis1.jpg\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Sagara Technology\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Will Bitcoin Experience a Financial Crisis? - Sagara Asia Blog","description":"Rising Bitcoin prices attracted the attention of major banks in the United States. Will bitcoin experience a financial crisis?","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/sagaratechnology.com\/blog\/will-bitcoin-experience-a-financial-crisis\/","twitter_card":"summary_large_image","twitter_title":"Will Bitcoin Experience a Financial Crisis? - Sagara Asia Blog","twitter_description":"Rising Bitcoin prices attracted the attention of major banks in the United States. Will bitcoin experience a financial crisis?","twitter_image":"https:\/\/sagaratechnology.com\/blog\/wp-content\/uploads\/2021\/06\/Will-Bitcoin-Experience-a-Financial-Crisis1.jpg","twitter_misc":{"Written by":"Sagara Technology","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/sagaratechnology.com\/blog\/will-bitcoin-experience-a-financial-crisis\/#article","isPartOf":{"@id":"https:\/\/sagaratechnology.com\/blog\/will-bitcoin-experience-a-financial-crisis\/"},"author":{"name":"Sagara Technology","@id":"https:\/\/sagaratechnology.com\/blog\/#\/schema\/person\/e25a7dce1900980898a69a7c63241723"},"headline":"Will Bitcoin Experience a Financial Crisis?","datePublished":"2021-06-10T06:56:29+00:00","dateModified":"2023-03-24T08:49:20+00:00","mainEntityOfPage":{"@id":"https:\/\/sagaratechnology.com\/blog\/will-bitcoin-experience-a-financial-crisis\/"},"wordCount":309,"commentCount":0,"publisher":{"@id":"https:\/\/sagaratechnology.com\/blog\/#organization"},"keywords":["Bitcoin","business","Cryptocurrency"],"articleSection":["Bisnis Online","Informasi Bisnis"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/sagaratechnology.com\/blog\/will-bitcoin-experience-a-financial-crisis\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/sagaratechnology.com\/blog\/will-bitcoin-experience-a-financial-crisis\/","url":"https:\/\/sagaratechnology.com\/blog\/will-bitcoin-experience-a-financial-crisis\/","name":"Will Bitcoin Experience a Financial Crisis? - Sagara Asia Blog","isPartOf":{"@id":"https:\/\/sagaratechnology.com\/blog\/#website"},"datePublished":"2021-06-10T06:56:29+00:00","dateModified":"2023-03-24T08:49:20+00:00","description":"Rising Bitcoin prices attracted the attention of major banks in the United States. Will bitcoin experience a financial crisis?","breadcrumb":{"@id":"https:\/\/sagaratechnology.com\/blog\/will-bitcoin-experience-a-financial-crisis\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/sagaratechnology.com\/blog\/will-bitcoin-experience-a-financial-crisis\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/sagaratechnology.com\/blog\/will-bitcoin-experience-a-financial-crisis\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/sagaratechnology.com\/blog\/"},{"@type":"ListItem","position":2,"name":"Informasi Bisnis","item":"https:\/\/sagaratechnology.com\/blog\/category\/informasi-bisnis\/"},{"@type":"ListItem","position":3,"name":"Will Bitcoin Experience a Financial Crisis?"}]},{"@type":"WebSite","@id":"https:\/\/sagaratechnology.com\/blog\/#website","url":"https:\/\/sagaratechnology.com\/blog\/","name":"Sagara Asia Blog","description":"Dapatkan Informasi Seputar Teknologi dan Bisnis","publisher":{"@id":"https:\/\/sagaratechnology.com\/blog\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/sagaratechnology.com\/blog\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/sagaratechnology.com\/blog\/#organization","name":"Sagara Technology","url":"https:\/\/sagaratechnology.com\/blog\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/sagaratechnology.com\/blog\/#\/schema\/logo\/image\/","url":"https:\/\/sagaratechnology.com\/blog\/wp-content\/uploads\/2021\/10\/sagara-logo.jpeg","contentUrl":"https:\/\/sagaratechnology.com\/blog\/wp-content\/uploads\/2021\/10\/sagara-logo.jpeg","width":200,"height":200,"caption":"Sagara Technology"},"image":{"@id":"https:\/\/sagaratechnology.com\/blog\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.linkedin.com\/company\/sagara-asia\/"]},{"@type":"Person","@id":"https:\/\/sagaratechnology.com\/blog\/#\/schema\/person\/e25a7dce1900980898a69a7c63241723","name":"Sagara Technology","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/sagaratechnology.com\/blog\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/55085e31e9427bed3336eaea67c72b96?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/55085e31e9427bed3336eaea67c72b96?s=96&d=mm&r=g","caption":"Sagara Technology"},"sameAs":["https:\/\/sagaratechnology.com","https:\/\/www.facebook.com\/Sagaratechnology","https:\/\/www.linkedin.com\/company\/sagara-asia\/"]}]}},"_links":{"self":[{"href":"https:\/\/sagaratechnology.com\/blog\/wp-json\/wp\/v2\/posts\/839"}],"collection":[{"href":"https:\/\/sagaratechnology.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sagaratechnology.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sagaratechnology.com\/blog\/wp-json\/wp\/v2\/users\/14"}],"replies":[{"embeddable":true,"href":"https:\/\/sagaratechnology.com\/blog\/wp-json\/wp\/v2\/comments?post=839"}],"version-history":[{"count":4,"href":"https:\/\/sagaratechnology.com\/blog\/wp-json\/wp\/v2\/posts\/839\/revisions"}],"predecessor-version":[{"id":3810,"href":"https:\/\/sagaratechnology.com\/blog\/wp-json\/wp\/v2\/posts\/839\/revisions\/3810"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/sagaratechnology.com\/blog\/wp-json\/wp\/v2\/media\/840"}],"wp:attachment":[{"href":"https:\/\/sagaratechnology.com\/blog\/wp-json\/wp\/v2\/media?parent=839"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sagaratechnology.com\/blog\/wp-json\/wp\/v2\/categories?post=839"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sagaratechnology.com\/blog\/wp-json\/wp\/v2\/tags?post=839"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}