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Bitcoin Soars on Silicon Valley Bank Collapse

Bitcoin Soars on Silicon Valley Bank Collapse

But is this Price Spike Sustainable?

John Kim's avatar
John Kim
Mar 16, 2023
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Building Wealth With Tomii Academy
Building Wealth With Tomii Academy
Bitcoin Soars on Silicon Valley Bank Collapse
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BTC has soared from $19,706 to a short-term high thus far of $26,392 on the back of the Silicon Valley Bank failure, a whopping 33.9% increase in just a few days. Even though this massive rapid spike price makes no sense, as BTC is not a safe haven asset from US dollar risk, what I think really doesn’t matter, because in the end, the only thing that mat…

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