This growth comes amid the turmoil in the US banking industry after the bankruptcy of Silicon Valley Bank. Recall that this bank has served nearly half of the venture tech startups in the United States over the years.

As a result, investors turned to the cryptocurrency market, which led to an impressive rise in bitcoin price.

So currently over $27,000 is being offered for a coin. The growth rate of the main cryptocurrency has had a positive impact on other players. Thus, Ethereum grew 21.5% over the week, with BNB, Solana, Litecoin and Avalanche adding more than 20%.

Source: Ferra

Previous articleHuawei will introduce three smartphone series at once on March 23. What is the third? Phones07:19 | 20 March 2023
Next articleFrom April 1, 2023, Russian authorities will be prohibited from using iPhonesPhones07:29 | 20 March 2023
I am a professional journalist and content creator with extensive experience writing for news websites. I currently work as an author at Gadget Onus, where I specialize in covering hot news topics. My written pieces have been published on some of the biggest media outlets around the world, including The Guardian and BBC News.


Please enter your comment!
Please enter your name here