Daily News | Global Markets React to Silvergate Bank Closure, Causing $300 Million in Liquidations in Crypto Sector
Author:Gate.io Researcher: Peter L.
10 March 09:43
Silvergate Bank closure caused global wide selloff, leading to a significant drop in Bitcoin_s value. The selloff may have negative implications, including regulatory scrutiny and reduced investor confidence but could signal a buying opportunity for long-term investors and institutional interest in cryptocurrencies.