Fast Take
- Bitcoin misplaced $21,000 as help and is over 5% down right now
- This comes after information of Silvergate halting operations.
- Contagion spreading into the banking and financials sector of the economic system, with banks significantly seeing a heavy pink day.
- SVB Monetary Group (SIVB) is down 65%, and buying and selling has been halted on the primary change a number of instances.
- Vix is above 21, whereas Nasdaq, S&P, and DXY are within the pink for right now
- Nevertheless, Gold is up 1% right now
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