For Musk, this is #already a case of going too far — with banking crisis #contagion spreading to Europe, the U.S. dollar, he agrees, is quickly losing appeal.
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In contrast, the #contagion effect often suggests a negative spread of fear or panic, resulting in #widespread selling and price decreases.
In contrast, the #contagion effect often suggests a negative spread of fear or panic, resulting in #widespread selling and price decreases.
In contrast, the #contagion effect often suggests a negative spread of fear or panic, resulting in #widespread selling and price decreases.
In contrast, the #contagion effect often suggests a negative spread of fear or panic, resulting in #widespread selling and price decreases.
In contrast, the #contagion effect often suggests a negative spread of fear or panic, resulting in #widespread selling and price decreases.
#Banking #contagion sparks crypto frenzy: investors rush to 'HODL' Bitcoin and Ethereum
The good news is that Circle survived, and crypto pillars like #Bitcoin and Ether held up surprisingly well while the banking #contagion spread to other institutions like Signature Bank, First Republic Bank and Credit Suisse.
This is a #contagion that could be spread across the entire #banking system,” he warned.
#determined them to be ‘systemic risk’ and intervened to guarantee billions of dollars of deposits,” these bank failures “threatened economic #contagion and severe damage to the banking and financial systems.”
“This is a #contagion that could be spread across the entire #banking system,” he warned.
In contrast, the #contagion effect often suggests a negative spread of fear or panic, resulting in #widespread selling and price decreases.
It is worth noting that the fear of #contagion caused US banks to seek a record $153 billion in #emergency liquidity from the Federal Reserve.
In contrast, the #contagion effect often suggests a negative spread of fear or panic, resulting in #widespread selling and price decreases.
In contrast, the #contagion effect often suggests a negative spread of fear or panic, resulting in #widespread selling and price decreases.
If the fear of #contagion spreads to other markets, Bitcoin may struggle to #maintain the price levels required to profit $360 million or more on the March 17 options expiry.
In contrast, the #contagion effect often suggests a negative spread of fear or panic, resulting in #widespread selling and price decreases.
In contrast, the #contagion effect often suggests a negative spread of fear or panic, resulting in #widespread selling and price decreases.
Over the weekend, we did see some #contagion as people lined up at their banks. SVB’s #failure could lead to big companies opening up accounts in the Big 4, leading to further centralization of the banking system.
Furthermore, the collapse of SVB #resulted in such an imminent #contagion that regulators decided to dissolve Signature Bank, which had a customer base of risky cryptocurrency firms.
In contrast, the #contagion effect often suggests a negative spread of fear or panic, resulting in #widespread selling and price decreases.
In contrast, the #contagion effect often suggests a negative spread of fear or panic, resulting in #widespread selling and price decreases.
The #contagion effect occurs when the decline in value of one cryptocurrency spreads to other #cryptocurrencies or digital assets, resulting in a loss of confidence in the entire market.
#Derivatives metrics may have recovered from the initial banking crisis #contagion risk, but they still indicate Bitcoin bulls' lack of confidence in a long-term recovery
“What #happened over the last several days was a bit of an ironic black swan situation where the #contagion was not from crypto to TradFi,” said Caroline Hill.
"Let me just say that we want to make sure that the #troubles that exist at one bank don't create #contagion to others that are sound.
And the goal always is #supervision and regulation is to make sure that #contagion can't- can't occur.
"Let me just say that we want to make sure that the #troubles that exist at one bank don't create #contagion to others that are sound.
And the goal always is #supervision and regulation is to make sure that #contagion can't- can't occur.
"Let me just say that we want to make sure that the #troubles that exist at one bank don't create #contagion to others that are sound.
And the goal always is #supervision and regulation is to make sure that #contagion can't- can't occur.
#Bitcoin Bursts to $22,000 As Biden Administration Tries to Stop #Contagion in U.S. Financial System
Swapping pool Curve #Finance saw record-breaking trading of $7 billion on March 11. Fear of #contagion mounted rapidly,
#Bitcoin Bursts to $22,000 As Biden Administration Tries to Stop #Contagion in U.S. Financial System
And the goal always is #supervision and regulation is to make sure that #contagion can't- can't occur.
"Let me just say that we want to make sure that the #troubles that exist at one bank don't create #contagion to others that are sound.
#However, DAI also fell off its peg amid the Silicon Valley Bank’s collapse, mainly due to a #contagion effect from USDC’s depegging. Over 50% of the reserves backing DAI are held in USDC.
In the week #following Feb. 27, Bitcoin’s price lost 4.5%, indicating that investors are effectively worried about #contagion from Silvergate Bank.
the #contagion is too vast and too difficult for us all to #quantify.”