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Banks collapsing; stablecoins depegging — What is happening? Watch The Market Report live

On this week’s episode of The Market Report, Cointelegraph’s resident experts explain what is going on with banks collapsing, stablecoins depegging and what you should do to stay safe.

In a report on market analysis this week, Cointelegraph's resident pundits discussed all the small details about the latest bank failures and the decoupling of USDC coins from the dollar.

With this week's headline news gradually

The collapse of Silicon Valley Bank in the United States: what has happened so far

The sudden collapse of Silicon Valley Bank (SVB) has moved rapidly over the past week, leading to smooth corporate decoupling, leading regulators in the US and UK to prepare contingency plans in advance and causing anxiety among small and medium-sized enterprises, venture capitalists and other depositors whose assets are stuck in a California technology bank. Cointelegraph Markets&Research experts have analyzed everything that has happened so far, so you can keep abreast of all the latest trends.

Crypto Twitter replied: "No one gave it to the bank card password company."

Some in the cryptographic world suggest that with the loss of two major data encryption-friendly financial institutions in less than a week, login password companies will also find it difficult to reach traditional banking partners. This kind of financial institution is called the key financial institution support of login password industry. As of Dec. 31, Signature Bank had $88.6 billion in savings, according to commercial insurance documents. Crypto Twitter feels that in foreign countries, no one can deposit login password companies with financial institutions, but is this the case? Isn't there a bank that wants to work with data encryption companies? Our own authoritative experts have explained it to you.

Bitcoin market is close to US $25K, and investment analysts bet on the harm of CPI

BTC hit a monthly high of $24917 on Bitstamp overnight, according to Cointelegraph Markets Pro and TradingView statistics. BTC kept the price of bitcoin active after the impact of the failure of several foreign banks led to a surge in the sales of login passwords. At this stage, everyone's eyes are temporarily focused on the February consumer price index (CPI) data, involving the short-term market price of BTC. CPI itself is the most typical secret ups and downs metal catalyst, last month CPI showed that inflation slowed, which is unpopular; on the contrary, this has caused anxiety that the Fed meeting will keep interest rates low for a longer period of time. However, as the plight of commercial banks overshadowed the inflation debate, expectations gradually turned to a complete abandonment of interest rate rises at the Fed meeting. If this happens, how will the Bitcoin and the entire encryption market react?

Our own authoritative experts report this and other small and medium-sized stories of development, so please watch as soon as possible to enhance the latest login password released worldwide.

In the end, we can get some insight from Cointelegraph Markets Pro, which is a channel for login password traders who need to be one step ahead of the market. Our own investment analysts use Cointelegraph Markets Pro to identify the two alternative currencies that stand out this week, so please watch as soon as possible to find out what is selected.

Do you have any questions about coins or topics that are not involved in it? Don't worry-add a YouTube chat room and write about your problems there. People with the most special comments or questions will be able to get an one-month Markets Pro subscription, with a market value of $100.

Market analysis reports arrive in the studio at 12:00 US time every Tuesday (5:00 UTC), so be sure to go to the Cointelegraph Markets&Research YouTube page and click on these like and subscribe buttons for future videos and updates.

by Adrian J. Permal
© 2023 WJB All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

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Tue, 18 Apr 2023

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