3 Reasons Crypto Prices are Rising Today – New Bull Market Starting?
Financial markets have been engulfed with fear in recent days, as fears that a tumultuous sequence of banking crises could become a contagion in the sector. It all started with the closure of Silvergate Bank's SEN paymen...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
It all started with the closure of Silvergate Bank's SEN payment network (key backend crypto industry infrastructure) following a run on deposits back in November.
This was quickly followed by the implosion of Silicon Valley Bank - the 16th largest bank in America - and a bastion of start-up capital and VC funding....
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This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
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