It’s been a while since we last saw so many developments in such a short time within the cryptocurrency market. The most important piece of information seems to be that the US Government, in the face of the Federal Reserve, the Treasury, and the FDIC reassured that depositors in Silicon Valley Bank will be saved.
Bitcoin’s Price Rallies
Bitcoin’s price crashed a few days ago on worries that Silicon Valley Bank won’t be able to honor customer redemption requests.
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