According to the source, JPMorgan Chase has ended banking ties with the CEO of Strike, reviving concerns about crypto industry debanking. According to the source, the framing of "rekindling debanking concerns" signals ongoing counterparty and payment-rail risk that traders monitor across crypto payment platforms. According to the source, the headline provides no additional specifics on account status, timelines, or policy rationale, keeping operational visibility limited for market participants.

According to André Dragosch, PhD (@Andre_Dragosch), concerns are resurfacing over a potential SVB-like financial crisis if bond yields reach new cycle highs. Traders are increasingly considering Bitcoin as a portfolio insurance tool to hedge against systemic risks in traditional financial markets. The correlation between rising bond yields and stress in the banking sector signals possible capital flight towards cryptocurrencies, especially Bitcoin, as investors seek alternative stores of value during periods of heightened financial instability (source: Twitter/@Andre_Dragosch, May 23, 2025).