While the Silvergate failure didn't arouse much concern outside of crypto circles, it was quickly followed aof SVB Financial , the holding company of tech-friendly lender Silicon Valley Bank . The banking sector – as represented by the SPDR S&P Bank ETF – tumbled 7.3% on Thursday.
The word"contagion" has now quickly re-entered the Wall Street lexicon, with investors now wondering if it's not crypto or tech that's the issue, but instead if the past year's surge in interest rates has left the banking sector sitting on sizable losses in their bond portfolios.
BLS_gov Bitcoin will increase in price up to$25,000 again. It is better to look at the signal images in the news of your site to see how the images from a few months before 2023, i.e.the last months of 2022, are in the image of the signal.Donot confuse signals with news.
BLS_gov Trade your design on marketplace. Get continious profits from royalties. SecondLiveReal Secondlive metaverse web3 gamefi stake bean earn live
BLS_gov Unemployment is up to 3.6% tho
BLS_gov Come on now, this post is misleading... the addition of jobs is not what caused the bounce. Unemployment came back higher than expected indicating the Fed's approach is working, therefore a lower rate hike could be incoming.
BLS_gov Bond rate down significantly on the bank issues. That should be good news but BTC for the moment is crapping itself while gold soars. Pathetic
BLS_gov Nice hedge
SteveAlpher Common……. This numbers don’t make any sense!! Prepare yourself for a tighter FED policy
SteveAlpher Titanic
SteveAlpher Not anymore, incoming
SteveAlpher I'm calling b.s. especially under this administration. 311k isn't even a spec to the amount of Jobs and growth biden stifled.
SteveAlpher Can u believe thats a 'good thing'
SteveAlpher Yay, people don’t have jobs, send the market!
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