Despite Silvergate's Impending Downfall, Bitcoin Remains Resilient

Written by ulriklykke | Published 2023/03/08
Tech Story Tags: cryptocurrency | crypto | bitcoin | crypto-market | contagion | nfts | silvergate | cryptocurrency-investment

TLDRThe 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.via the TL;DR App
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Written by ulriklykke | Author of the Bitcoin Global Macro, a newsletter focusing on digital assets, macro insights & investment ideas.
Published by HackerNoon on 2023/03/08
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