RE: Bitcoin ticking back up13 Mar 2023 00:09
Major cryptocurrencies rallied Sunday, as the Federal Reserve announced a new emergency loan program for banks after Silicon Valley Bank, once the 16th-largest bank in the U.S., and crypto-friendly Silvergate Bank both collapsed in the past few days.
Bitcoin BTCUSD surged more than 7% on Sunday to above $22,000, according to CoinDesk data. Ether ETHUSD jumped 7%, briefly topping $1,600.