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RECAP: BANKING BLOW UP
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RECAP: BANKING BLOW UP

Global Financial Crisis 2.0? What it means for Bitcoin.

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InvestAnswers
Mar 09, 2023
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TODAY’S TAKE

  • Bitcoin has held up impressively, considering everything that is transpiring

  • The lesson from 2022 is that we cannot trust anybody

  • Silicon Valley Bank is the first FDIC-insured institution to fail this year

  • Silicon Valley Bank is the second-largest U.S. bank failure ever

  • Bond spreads took down Silicon Valley Bank

  • Silicon Valley Bank’s CEO sold $3.…

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