ghosty on Nostr: Bank Failures & Crypto Collapse - #Bitcoin Emerges As 'North Star' Over the last 2 ...
Bank Failures & Crypto Collapse - #Bitcoin Emerges As 'North Star'
Over the last 2 weeks, the global financial system has faced its biggest crisis since the Lehman dominoes started to fall.
First Republic has experienced a serious confidence crisis, characterized by deposit flight that continues despite an injection of $30 billion in deposits last Friday. First Republic has been downgraded twice by S&P; and its share price has dropped by nearly 87% in March so far.
Published at
2023-03-26 00:25:47 UTCEvent JSON
{
"id": "a1f18145b8a0c8c180a77d6fcefc3058e8b18d492019b09cfb913d904df7b041",
"pubkey": "569386678e418f955d7c60366c06c1bcc349d8718e6a5549a8a8cd1b8be1e07f",
"created_at": 1679790347,
"kind": 1,
"tags": [
[
"t",
"bitcoin"
]
],
"content": "Bank Failures \u0026 Crypto Collapse - #Bitcoin Emerges As 'North Star'\n\nOver the last 2 weeks, the global financial system has faced its biggest crisis since the Lehman dominoes started to fall.\n\nFirst Republic has experienced a serious confidence crisis, characterized by deposit flight that continues despite an injection of $30 billion in deposits last Friday. First Republic has been downgraded twice by S\u0026P; and its share price has dropped by nearly 87% in March so far.",
"sig": "28696ab66a8ee7cf5a894b7f1477ed6734f35e98ede910a435f5998d8c429bf5b8dcd260ba505d2f03bce5de3482962d14ab0823d5aacf44013df0afd688869a"
}