Bitcoin “pinches” $30,000 on fear of new bank failures in the US. The First Republic Bank, from the United States, disclosed that it had a withdrawal run of US$ 100 billion in March and that its profit fell 33% in the first quarter of 2023 – now the company has already announced a 25% cut in employees and entered the survival mode, reigniting fears after the US bank closures earlier this year. With this terrible data from the First Republic Bank, Bitcoin emerges as a kind of “safe haven” for investments.