The world's leading cryptocurrencies surrendered as cracks in the banking sector resurfaced, with investors worrying that the crisis may not be done yet.
The uncertainty affecting the financial institutions worldwide appeared to have taken a toll, with the shares of regional lender PacWest Bancorp tanking as much as 20%. It appears that the appetite for risky assets somewhat declined, fueled up by the news that Cryptocurrency exchange Bittrex Inc. filed for bankruptcy and Binance's decision to pause Bitcoin withdrawals several times this week. https://tinyurl.com/yb97e3dc
The uncertainty affecting the financial institutions worldwide appeared to have taken a toll, with the shares of regional lender PacWest Bancorp tanking as much as 20%. It appears that the appetite for risky assets somewhat declined, fueled up by the news that Cryptocurrency exchange Bittrex Inc. filed for bankruptcy and Binance's decision to pause Bitcoin withdrawals several times this week. https://tinyurl.com/yb97e3dc
The world's leading cryptocurrencies surrendered as cracks in the banking sector resurfaced, with investors worrying that the crisis may not be done yet.
The uncertainty affecting the financial institutions worldwide appeared to have taken a toll, with the shares of regional lender PacWest Bancorp tanking as much as 20%. It appears that the appetite for risky assets somewhat declined, fueled up by the news that Cryptocurrency exchange Bittrex Inc. filed for bankruptcy and Binance's decision to pause Bitcoin withdrawals several times this week. https://tinyurl.com/yb97e3dc
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