2023-3-20 23:33 |
Quick Take What happened over the weekend? UBS bought Credit Suisse for $3.2 billion Swiss National Bank offers $100 billion in liquidity as part of the UBS deal. This is a 73% discount on Friday on Credit Suisse’s closing price. UBS credit default swaps have doubled since news broke that it would rescue Credit Suisse. Gold hit an all-time high of $1,988 during Friday’s session Bitcoin broke through $28,000 and broke through 200WMA Bitcoin investors are extremely bullish as spot and derivatives volume is the highest over a year.
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