⭐ Merited by bestcoins1 (1)
Some people say it's not gonna affect bitcoin price because the fallen banks were only bitcoin supports. But USDC was also having big stash of cash in these banks.
I am still looking for a clear idea of what it's really gonna be
We just want to say that the reality amid the American banking crisis is that Bitcoin on March 13 to 14 increased dramatically. Even in one day the increase occurred up to 20%. Like yesterday the price was able to break through to a price level that was almost close to $26K.I am still looking for a clear idea of what it's really gonna be
The fall or collapse of Silicon Valley Bank (SVB) is trending among business people in the crypto world. The crisis made several cryptocurrency companies refuse exposure to US banks. As stated by cointelegraph.com that several types of cryptocurrencies that were not influential behind the collapse of Silicon Valley Bank (SVB) such as Tether.
[1]. bitcoinmagazine
[2]. cointelegraph.com