Crypto Gator | The Best Cryptocurrency, Blockchain and Forex News Aggregator
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The post Silicon Valley Bank Stock Plummets 60%, Should crypto Investors Brace for Impact? appeared first on Coinpedia Fintech News Silicon Valley Bank’s parent company, SVB Financial Group, recently had […]
The post Silicon Valley Bank Stock Plummets 60%, Should crypto Investors Brace for Impact? appeared first on Coinpedia Fintech News
Silicon Valley Bank’s parent company, SVB Financial Group, recently had to raise $2.25 billion on short notice to avoid job cuts in the technology and startup industries. This move by SVB Financial Group caused other bank stocks to drop, leading to concerns about the broader risks in the sector. Causes of SVB Financial Group’s Challenges …
