700 US Banks Facing Risk Due to Unrealized Losses (ATTACK ON CRYPTO)

According to the Fed, more than 700 banks have self-reported unrealized losses that exceed 50% of their capital. Link to report: https://www.federalreserve.gov/supervisionreg/files/board-briefing-on-impact-of-rising-interest-rates-and-supervisory-approach-20230214.pdf