Also, banks are near into experiencing recessions because of the enormous emergence of digital banks plus the growing adaptation of bitcoin which people is loving more because of its decentralization and the technology provided by blockchain which can hold theur assets without fees and threats unlike banks.
Bitcoin is irrelevant since its users only accounted for less than 0.1% of the global population, its often criticized by Nouriel Roubini that said
the number of active bitcoin users is only between 2.9 and 5.9 million
https://www.banking.senate.gov/imo/media/doc/Roubini%20Testimony%2010-11-18.pdfIn short, way more people use fintech products instead of Bitcoin.
A recession occurs because of mismanagement, boom and bust cycle, geopolitical instability, etc., not because of Bitcoin.