Bitcoin hits $28,000, as UBS buys Credit Suisse for $3.2B

JV
James Van Straten

19 Mar 2023 8:33 PM

Updates over the weekend: Gold hits ATH, Bitcoin hits $28,000, UBS buys Credit Suisse...

  • The global crypto market cap is not mentioned in the article.
  • The 24-hour volume of the crypto market is not mentioned in the article.
  • The price of Bitcoin is $28,119.24 and BTC market dominance is not mentioned in the article.
  • The price of Ethereum is $1,819.91 and ETH market dominance is not mentioned in the article.
  • The best performing cryptoasset sector is Manufacturing, which gained 43%.
  • Conflux (CFX) leads cryptocurrency market growth with 197% rise in the past week.
  • Roughly 300,000 Bitcoin has been unwound in Open Interest (OI) contracts since the peak back in October 2022.
  • The Fed balance sheet grows by $300 billion as fed discount window borrowing hits-all time high and BTC breaks $26,000.
  • Gold hits ATH and Bitcoin hits $28,000.
  • UBS buys Credit Suisse.
  • Second highest voluntary exit count since the merge, further bearish pressure on Ethereum.
  • Credit Suisse and First Republic Bank slide during pre-market, while SVB files for bankruptcy.

The article does not have a clear overall sentiment as it contains a mix of positive and negative news about the crypto market and related events.

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Related Questions

What is the current price of Bitcoin and Ethereum?
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