Yes it will be a challenge to banks but I think sooner or later we can see that more banks will accept it and more companies with good names will begin to upgrade to web3. People will soon accept crypto as well that why the demand will rise so banks will be needed to accept pegged coins I think. Next year will be halving that is why it is possible to see bitcoin with new ATH.
There is no need to rush to premature conclusions. It’s much easier now to just watch how the price reacts to certain events. The news background is too dynamic, but somehow this does not give any positive results. Therefore, we can assume that the previous high will not happen during the period that everyone is so looking forward to.
Large speculative players understand everything perfectly and are aware of the reaction of the bulk of investors and traders. Do you understand what I'm getting at? They will definitely make money on this by carrying out a series of manipulative operations. The majority will again be left without money.