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Why Is The Crypto Market Dumping?!

The Defiant - DeFi Podcast

CHAPTER

Silicon Valley Bank Stock

FTX is one of Silvergate's largest customers. The bank revealed last week that it was less than well capitalized. That's really not good for banks, and when there's a crisis of confidence in a bank, it's just very hard to gain it back. Silicon Valley Bank stock was halted in pre-trading today after falling 60%.

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