In March, 3 banks in the US namely Silicon Valley Bank (SVB), Signature Bank and First Republic Bank collapsed due to a run on their deposits caused by higher interest rates and losses on their bond portfolios.
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