The collapse of Silicon Valley Bank and the closure of Signature has sparked concerns for the entire banking sector. The market is no longer pricing in many more rate hikes for the Fed funds rate.
Just received an email by Gemini: their banking partners are JPMorgan, Goldman Sachs, Fidelity and State Street Bank. I am not sure for the other exchanges but it seems that, for now, the dollars can still flow into Bitcoin.
Just received an email by Gemini: their banking partners are JPMorgan, Goldman Sachs, Fidelity and State Street Bank. I am not sure for the other exchanges but it seems that, for now, the dollars can still flow into Bitcoin.