This Week in Coins: After Silvergate and Silicon Valley Bank Collapse, Bitcoin and Ethereum Crash
A market-wide selloff was well underway in the wake of the collapse of Silvergate Bank. Then Silicon Valley Bank imploded.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Why this matters
This ethereum story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on DecryptRelated market context
Bitcoin Price Falls 14% in a Week to $65,000 as Weekend Selling Breaks Friday’s Low
Bitcoin Magazine Bitcoin Price Falls 14% in a Week to $65,000 as Weekend Selling Breaks Friday’s Low Bitcoin price crashed about 1...
Bitcoin Slides to Four-Month Low Near $62,000 as Crypto Selloff Broadens
Bitcoin fell to a four-month low of $62,080.91 as ETF outflows hit $2.35bn in two weeks and Ether and Solana slid sharply. Here is...
Ether Price Dips Below $2K as Ethereum Foundation Dumps 5000 ETH in 5 Day
A wallet linked to the Ethereum Foundation sold another 1,000 ETH on Saturday, taking its five-day total to 5,000 ETH, or about $9...
Griffin Raises $20M to Bring Stablecoin Payments and Card Issuing to Its Banking Platform
Key Takeaways: Griffin raised $20 million in a Series B round at a valuation exceeding $100 million. The UK’s bank is set to intro...
Bitcoin Price Briefly Crashes to $67,500, Lowest Since August, as Dollar Holds 19-Month High
Bitcoin Magazine Bitcoin Price Briefly Crashes to $67,500, Lowest Since August, as Dollar Holds 19-Month High Bitcoin price traded...
Ethereum Dancing on Two Fronts as Quantum Upgrade Advances and Treasury Leverage Bites
Ethereum developers want to upgrade the network to be quantum-ready by 2027, potentially accelerating one of its biggest security...