PacWest Bank plummets 50%! How will Bitcoin react?

PacWest Bank plummets 50%! How will Bitcoin react?
фото показано с : cointelegraph.com

2023-5-6 20:00

Cointelegraph analyst and writer Marcel Pechman explains how PacWest’s plummeting share price and the continued banking crisis could impact Bitcoin.

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pacwest bitcoin could impact share plummeting price

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Regional banks extend losses and some paused due to volatility; Bitcoin up 2%

Quick Take Several regional bank stocks were halted due to volatility on May 2 after dropping more than 25%. KBW Nasdaq Regional Banking Index is down a further 4% today; it is down -26% for the year PacWest $PACW: -29% and halted Metropolitan Bank $MCB: -27% and halted Western Alliance $WAL: -25% and halted HomeStreet […] The post Regional banks extend losses and some paused due to volatility; Bitcoin up 2% appeared first on CryptoSlate.

2023-5-3 18:00