Last Updated on March 16, 2023 by Bitfinsider
Due to worries about an impending banking catastrophe, traditional and cryptocurrency markets both declined.
At the time of writing, Bitcoin was trading at about $24,400 after surging past $26,000 on Tuesday and hitting a 10-month peak. Ether, with a price of $1,650, was also down.
After Switzerland’s central bank and financial regulator said they would provide a liquidity backstop if necessary, it was reported that Credit Suisse dropped 14% despite shares trading higher in after-hours trading.
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