Impact of the Silvergate collapse on crypto — Watch The Market Report live
On this week’s episode of The Market Report, Cointelegraph’s resident experts discuss the impact of the Silvergate collapse on crypto. This week on The Market Report, the resident experts at Cointelegraph discuss all the details regarding Silvergate and its impact on the crypto market so far. We kick things off with this week’s top stories Bitcoin traders eye $19K BTC price bottom, warn of ‘hot’ February CPI It could be a testing few weeks for Bitcoin and risk assets, market commentators say, with Fed Chair Jerome Powell due to kick off the triggers on March 8. Historically, March has not been a great month for Bitcoin (BTC), and 2023 seems to be following that trend. After an uneventful weekend, which offered few trading opportunities, the current concern seems to be around the forthcoming macroeconomic data from the United States. Specifically, the February print of the Consumer Price Index (CPI), due March 14, is expected to be “hot,” or above expectations. Is a sub-$20,000 Bitcoi...