Silicon Valley Bank had a run on the bank and people realized that this bank was going to legitimately run out of money. And so that caused just a bunch of just fear because Many of startups in the crypto space have used Silicon Valley Bank as their bank No longer because that bank is gone. People were very very worried that this would create Contagion and so this run on theBank would create runs on other banks.

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode