The current news about bank collapse may help in pushing the price of Bitcoin higher, and I do agree that Bitcoin is the most attractive when the banking system fails. So I guess we need more news about the traditional banking system failure so that more people will be drawn toward the Bitcoin market.
It's tough to tell honestly speaking. Sometimes, BTC rises whenever there are issues with traditional FIAT entities while it drops some other times. It reacts in unpredictable ways which is why it's considered extremely volatile.
If it does end up rising thanks to banks like First Republic Bank etc collapsing, that would be great for BTC HODLERS like me.