Despite Silvergate's Impending Downfall, Bitcoin Remains Resilientby@ulriklykke
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Despite Silvergate's Impending Downfall, Bitcoin Remains Resilient

by Ulrik Lykke3mMarch 8th, 2023
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The crypto market is facing yet another potential systemic risk if Silvergate, one of the largest crypto-friendly banks, winds down its operations. Despite this looming uncertainty, the markets are seemingly resilient, with BTC still trading above $22K.

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Ulrik Lykke

Ulrik Lykke

@ulriklykke

Author of the Bitcoin Global Macro, a newsletter focusing on digital assets, macro insights & investment ideas.

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Original Reporting

This story contains new, firsthand information uncovered by the writer.

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The writer is smart, but don't just like, take their word for it. #DoYourOwnResearch

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Ulrik Lykke HackerNoon profile picture
Ulrik Lykke@ulriklykke
Author of the Bitcoin Global Macro, a newsletter focusing on digital assets, macro insights & investment ideas.

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