BTCitcoin has embarked on a bullish momentum pumping more than 8% in the last 24 hours. This comes after the Biden administration assured that no losses would be borne by the United States taxpayers, following the collapse of Silicon Valley Bank (SVB) and Signature Bank.

Despite the slump after the collapse of the two traditional banks, the cryptocurrency market has continued trading higher following a report of the US government’s plans to safeguard all depositors at Silicon Valley Bank and Signature Bank.

Full Article: https://crypto-economy.com/bitcoin-btc-races-towards-25k-as-biden-assures-no-cost-to-the-taxpayer/