Bitcoin on Track for Weekly Loss in Wake of Silvergate Jitters
Published on: Friday 03 March 2023
Bitcoin (BTC) sunk to a 24-hour low of $22,020.75 as customers abandon crypto-friendly bank Silvergate. CoinDesk Crypto Markets Analyst Glenn Williams Jr. weighs in on the sell-off for the largest cryptocurrency by market capitalization in the wake of these developments. Plus, insights on the state of macroeconomic conditions.