
SVB's Collapse Ripples Through Silicon Valley
Bloomberg Tech
00:00
What Happened to Silicon Valley Bank?
The Nastak's off by 4.7%. This is also largely to do with the Federal Reserve, with the increase in interest rates at many brace for. We're seeing crypto on the downside, more than 9% having its worst weeks. The next question is what happens to the future of those assets held by the bank? What happens to the bank? AndWhat happens to the companies that were banking with and not just the private ones?
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