Bitcoin Price Unfazed By USDC Crisis; Signals Upcoming Bull Run
Bitcoin यूएसडीसी संकट से बेफिक्र बिटकॉइन की कीमत; संकेत आगामी बुल रन बिटकॉइन एथेरियम समाचार After suffering significant losses on Friday due to the spread of potential contagion risks from the failure of Silicon Valley Bank to crypto markets, Bitcoin and Ethereum have experienced gains of up to 4% in the previous 24 hours. Even in the midst of such catastrophes in the traditional banking sector, the crypto community was brought back to the fundamental principles that underpin Bitcoin and the reasons why it was first introduced in the weeks following the collapse of Lehman Brothers in 2008. Bitcoins Price Retains $20K Despite the fact that the broader crypto market is reeling under intense pressure from the ongoing stablecoin crisis — which was initiated by USDCs $3.3 billion exposure to the troubled bank — बिटकॉइन की कीमत, however, has valiantly held on to the $20K level. The flagship cryptocurrency has been on a roller-coaster ride this year, with BTC breaking past the psychological barrier of $25K and then retracing back to the $19k zone, all within a span of few short months into 2023. Following the widespread media coverage of USDC and other reported stablecoins losing their $1 peg, the total crypto | dropped below $920