. Many investors who held digital assets from companies that had exposure to the bank made moves to offload their assets.
Since the beginning of March, NFT trading volumes have fallen 51%, with sales declining about 16%, Dappradar says. Not all collections made it through the SVB collapse unscathed. Shortly after the news broke on March 10, Proof, the NFT collective behind the popular collection Moonbirds,to share that the company had some funds invested in SVB, sparking uncertainty among holders.
DappRadar camgthompson Nice
DappRadar camgthompson The only obstacle for BTC is fiat will be harder to accumulate during recession. Bitcoiners sleep well without any worry or thoughts of bitcoin bankrun. The reason is simple: we are our own banks. Bitcoin is our immutable asset that no banksters can inflate away.