Bitcoin price is on the rebound, but traders are mulling BTC shorts at resistance.
The pair had begun its comeback after the April 25 Wall Street open amidThese came as First Republic Bank reported a dramatic fall in deposits, its share price tanking 50% on the day.for crypto markets, the banking crisis reminded investors that it had gone nowhere since March, with crypto sources already predicting its next chapter.
When this bank bites the dust, probably later this week, we will be closer to the mrkt realising the entire US banking deposit base is de-facto gteed by the USG.
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