$920B is the number to watch now that crypto’s trillion dollar total market cap is gone

by Aurelia Butler 10 March 2023, 22:40 179 Views

Concerns about the stability of the U.S. banking industry, specifically the downfall and subsequent closure of Silvergate Bank (SI) on March 8 and the shut down of Silicon Valley Bank (SVB) on March 10 by The California Department of Financial Protection and Innovation, are among the reasons for breaking below the $1 trillion capitalization support. Silvergate was a critical fiat gateway network for the most important cryptocurrency exchanges and intermediaries.

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Source: Cryptocurrency - investing.com

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$920B is the number to watch now that crypto’s trillion dollar total market cap is gone

Treasury, White House: Confident in regulators response on Silicon Valley Bank collapse

Silicon Valley Bank is largest failure since financial crisis, billions stranded

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