Bitcoin Volume Takes A Hit in the wake of Silvergate’s Collapse: Can It Bounce Back?

The post Bitcoin Volume Takes A Hit in the wake of Silvergate’s Collapse: Can It Bounce Back? appeared first on Coinpedia Fintech News Bitcoin traders are taking a breather as […]

The post Bitcoin Volume Takes A Hit in the wake of Silvergate’s Collapse: Can It Bounce Back? appeared first on Coinpedia Fintech News
Bitcoin traders are taking a breather as the market digests the collapse of Silvergate Bank, one of the major fiat payment rails in the crypto market. The bank culminated in its “voluntary liquidation” on Wednesday U.S. time, which has resulted in a significant drop in Bitcoin volume over the past 24 hours. According to CryptoQuant …