Deepening Crisis at First Republic Prompts Urgent Rescue Talks, What Does it Mean for Bitcoin?

Deepening Crisis at First Republic Prompts Urgent Rescue Talks, What Does it Mean for Bitcoin?

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The shares of First Republic Bank have declined to a record low after the lender announced that depositors withdrew over $100 billion in the first quarter. It has been under massive pressure since a series of bank failures in the United States sparked fears of a wider crisis. The private-sector…

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