Bitcoin fell about 5% in the aftermath of Silvergate… Weakness accompanied by cryptocurrency

(New York = Yonhap Infomax) Correspondent Haram Lim = In the followingmath of the bank run (large-scale withdrawal of funds) crisis at Silvergate Capital, a bank specializing in cryptocurrency, prices of representative cryptocurrencies such as Bitcoin and Ethereum fell by regarding 5%.

Leading cryptocurrency Bitcoin
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According to CoinDesk, etc. on the 3rd (local time), the prices of bitcoin and ethereum fell more than 4% from 24 hours ago at one time this morning, trading at $2,2451.60 and $1,575.66, respectively.

At one time on this day, the price of Bitcoin fell to the $ 22,000 level at one time on this day. The price of Ethereum fell below $1,550 during the day.

Recently, Bitcoin has been moving at its lowest level in regarding two weeks.

U.S. bank Silvergate delayed filing its annual report, raising doubts regarding its financial capabilities.

Silvergate is a trading bank for several cryptocurrencies, including FTX. Several major cryptocurrency companies have announced that they will stop trading through Silvergate.

Silvergate’s (NYS:SI) stock plunged more than 50% the day before. Before the opening of the New York Stock Exchange, following-hours trading was slightly higher.

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This article was serviced at 23:20 on the Infomax financial information terminal.

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