Silicon Valley Bank, which has started to shake the global financial markets in the past days, has officially filed for bankruptcy.
The trigger of the banking crisis Silicon Valley Bank has filed for bankruptcy as of the current situation. From Silicon Valley Bank ( SVB ) the news of the crisis shook the crypto market. Bitcoin ( BTC) blocked the rise, which it has been maintaining with great momentum for weeks, and caused it to fall to the level of $ 19,500. SVBAfter the scandalous situations, Signature BenchVarious problems had arisen.
Silicon Valley Bank Continues to Shake Markets
Shaking the global financial markets SVB crisis, they have done ” bankruptcy by application “Together, it became completely clear. In particular, it gives fearful moments to crypto investors. SVB When the current situation is considered, it cannot be said that the bankruptcy has affected the sector much. BTC, which is currently detached from the crisis, 26,500 dollarholding on to the price almost to the market square reading “. SVB-side incoming FUD newsmay be the trigger of negative news from other banks. SVBstarting with Signature BenchIt seems that the ongoing banking crises with the