#13 Big Bank Bust Up: 🤯 Silicon Valley Bank Collapse Sets Off a Lehman-style Domino Effect?
1 year ago
7
Big Bank Bust up
Silicon Valley Bank
bank run
banking sector
stock market
finance
economy
USDC
stablecoin
crypto
Jerome Powell
Buckle up and join us for a thrilling journey into the shocking collapse of Silicon Valley Bank and the ripple effects felt throughout the banking sector. We explore the potential for a bank run contagion and the impact on cryptocurrency, particularly the USDC stablecoin. But we don't just cover the aftermath; we also investigate how and why the collapse happened in the first place, including the role of rising interest rates and the challenges faced by banks holding large amounts of bonds with lower rates. Tune in for a comprehensive look at this major banking event and its implications for the future.
All eyes on for monday market open:
First Republic Bank
Signature Bank
Western Alliance Bancorp
PacWest Bancorp
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