Tag Archives: MAJOR CRYPTO COINS STABILISE AFTER US INTERVENES

Major cryptocurrencies stabilised on Monday after US authorities announced plans to limit the fallout from the collapse of Silicon Valley Bank (SVB) and the issuer of the USD Coin stablecoin said it remained redeemable with the dollar. U.S. authorities launched emergency measures on Sunday to shore up confidence in the banking system after the failure of SVB threatened to trigger …

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