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While the cryptocurrency community is still recovering from the infamous FTX crash Silvergate Capital amp rsquo s shutdown seems to be impacting the market Bitcoin BTC The price of bitcoin hit a two-week low as the industry's crucial banking partner faces financial troubles. Silvergate has experienced a steep downtrend in deposits BANGKOK - Bitcoin dropped to the lowest level in about two weeks, part of a wider retreat in crypto markets as investors digested the unravelling of a key industry Bitcoin (BTC) sank below $21,000 for the first time in seven weeks as investors continued to fret about the fallout from crypto-friendly bank Silvergate Bank’s Bitcoin [BTC] dropped sharply on 2 March following Silvergate’s woes. Major crypto clients like Coinbase suspended business with the troubled Silvergate bank sending its stocks to plunge Bitcoin (BTC) sank below $21,000 for the first time in seven weeks as investors continued to fret about the fallout from crypto-friendly bank Silvergate Bank’s implosion. Bitcoin (BTC) briefly slipped below $20,000 for the first time in nearly two months, following the latest budget from United States President Joe Biden and the collapse of

Bitcoin Dips to $21K Amidst Silvergate Drama: What's Happening? Bitcoin (BTC) sank below $21,000 for the first time in seven weeks as investors continued to fret about the fallout from crypto-friendly bank Silvergate Bank’s implosion. The price of bitcoin hit a two-week low as the industry's crucial banking partner faces financial troubles.

The recent Bitcoin [BTC] drop sharply on 2 March followed Silvergate’s woes. Major crypto clients like Coinbase suspended business with the troubled Silvergate bank sending its stocks to plunge. BANGKOK - Bitcoin dropped to the lowest level in about two weeks, part of a wider retreat in crypto markets as investors digested the unravelling of a key industry.

While the cryptocurrency community is still recovering from the infamous FTX crash, Silvergate Capital’s shutdown seems to be impacting the market. Silvergate has experienced a steep downtrend in deposits. Bitcoin (BTC) briefly slipped below $20,000 for the first time in nearly two months, following the latest budget from United States President Joe Biden and the collapse of Silvergate Bank’s

Is this a temporary dip or the start of a larger bear market? Stay informed with the latest Bitcoin (BTC) analysis and market updates. We explore the impact of the Silvergate situation on the overall crypto ecosystem.

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