Bitcoin still trading like a risk asset, despite claims of decoupling amid banking crisis
Key Takeaways First Republic has become the latest bank to collapse in the US Bitcoin has bounced this week, as it did in March when SVB fell and the banking crisis was triggered Our Head of Research, Dan Ashmore, contends that Bitcoin remains a risk asset, despite claims from enthusiasts that a decoupling is occuring […]
Bitcoin price recovery at risk amid new Credit Suisse crisis
Bitcoin and other financial assets now have a Credit Suisse problem. Credit Suisse credit default swaps signal that the company could collapse. Credit Suisse stock price plunged by 20% and reached a record low. Bitcoin price came under intense pressure on Wednesday as the banking sector came under a significant strain. BTC pulled back from […]