Bitcoin Rises as Latest Teetering U.S. Bank Sends Traders to Crypto Haven

Bitcoin Rises as Latest Teetering U.S. Bank Sends Traders to Crypto Haven

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Stephen Alpher is CoinDesk's co-regional news chief, Americas. He holds BTC above CoinDesk’s disclosure threshold of $1,000. The banking crisis doesn't appear to be over yet. Shares of PacWest Bancorp (PACW) fell by more than 50% in after-hours action on Wednesday following a Bloomberg report the…

#stephenalpher #coindesk #pacwestbancorp #pacwest #firstrepublicbank #fdic #jpmorgan #jpm #jamiedimon #federalreserve

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