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Weekly Market Wrap: Bitcoin rises above US$26,000, as ‘store of value’ narrative strengthens amid bank failures
- linkweb3
- 2023-03-17
- 3604
- Newsletter
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Summary:As the U.S. banking system stared into the pit of bank runs, collapsing shares prices and panic started nibbling at the edges, the authorities acted swiftly to try and pull everything back from the edge. However, Bitcoin seemed unperturbed. Is this what a safe haven looks like?
As the U.S. banking system stared into the pit of bank runs, collapsing shares prices and panic started nibbling at the edges, the authorities acted swiftly to try and pull everything back from the edge. However, Bitcoin seemed unperturbed. Is this what a safe haven looks like?
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