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Total crypto market cap takes a hit amid Silvergate Bank crisis

The total crypto market cap slipped below $1.025 trillion as concerns over Silvergate Bank’s solvency triggered a sharp sell-off in BTC, ETH and altcoins.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Total crypto market cap takes a hit amid Silvergate Bank crisis

The total crypto market cap slipped below $1.025 trillion as concerns over Silvergate Bank’s solvency triggered a sharp sell-off in BTC, ETH and altcoins.

Why this matters

This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

Original source

Read on Cointelegraph

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