By now most of us know that the SVB fiasco was a clear case of asset-liability mismatch. Smaller the bank higher the chances of ALM when any asset class shows an unusually large move — in this case it was ‘interest rates’.
Bitcoin trades near $76K, Ethereum at $2,240 as tech selloff, strong US jobs data weigh on crypto markets
Bitcoin hovered near $76,000 and Ethereum around $2,240 as technology stock weakness, AI spending concerns and US crypto legislation uncertainty weighed on sentiment. Despite modest