Bitcoin’s (BTC) potential as a safe-haven asset is gaining traction among investors as recent U.S. bank failures shift market sentiment, according to Bloomberg Intelligence senior macro strategist Mike McGlone. McGlone explained that the high-profile collapses of banks have raised concerns about the stability of the traditional financial system. This has led investors to seek out alternative assets, such as Bitcoin, that are not tied to traditional banking institutions. As more investors seek to diversify their portfolios and hedge against potential economic downturns, the crypto’s unique properties, according to McGlone, make it an increasingly attractive option. Why The Crypto Is Gaining An Edge Inflation concerns and the possibility of a recession…