Would a Deutsche Bank Collapse Impact Bitcoin Prices?

The pressure is building for Deutsche Bank.
Germany’s largest and most financially leveraged bank continues to see its stock price languish as other firms distance themselves from the beleaguered financial institution.
Indications that the bank may pay billions of dollars to the US government in order to settle charges related to mortgage lending practices have sent markets reeling amidst an environment already on the edge.
Should the bank fail, it could have devastating implications for the financial services industry.
And, since market participants have often flocked to bitcoin in times of market distress, turmoil of this magnitude could prove highly bullish for the digital currency.

This post was published at Coin Desk on September 30, 2016.