Bitcoin hits $28,000, as UBS buys Credit Suisse for $3.2B
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.
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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.
What is the current price of Bitcoin and Ethereum?
Which cryptoasset sector performed the best recently?
Which cryptocurrency experienced the highest growth in the past week?
What is the current status of the Fed balance sheet and how does it relate to Bitcoin?
What recent events have affected Credit Suisse and First Republic Bank?