Silvergate Bank’s (SI) woes, including the shutdown of its crypto lending platform, SEN, aren’t necessarily moving the price of bitcoin (BTC), Hany Rashwan, CEO of cryptocurrency company 21.co, said. Rather, he attributed recent price levels to macroeconomic factors.
Related posts
-
Mt Gox Trustee Transfers $2.7B in Bitcoin, Creating 19th Largest BTC Wallet
On Thursday, the trustee overseeing the Mt. Gox bitcoins transferred about 47,228.73 BTC to an undisclosed... -
Bitcoin $110,000 Target Holds, Breaking These Key Levels Crucial To Avoid Crash
Bitcoin (BTC) experienced a significant drop, reaching as low as $56,700 on Thursday. This price level... -
Bitcoin Completes 9th Test Of $60,000, Where Does Price Go From Here?
Bitcoin (BTC) has completed its ninth test of the $60,000 support level, hinting at a potential...