U.S. Banks Suffer $482 Billion in Unrealized Bitcoin Losses, Signaling Financial Strain

U.S. banks face a significant financial burden as unrealized losses on their investment securities surge to $482 billion, largely fueled by the rise of Bitcoin. This dramatic increase coincides with Bitcoin’s journey towards surpassing the $95,000 mark. Analysts suggest this trend reflects shifting investor sentiment and growing stress within the banking sector.