SVB and Silvergate bailout sees Bitcoin rally

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City AM

By Darren Parkin Crypto AM Spring Awakening – Thursday March 30 – Mansion House, City of London17 days to go!Six high-quality discussion panels, three-course networking lunch in the Egyptian Hall, and only 100 tickets available – GET YOURS HERE. The US government announced yesterday it would ensure depositors will have access to their money at Silicon Valley Bank following a bank run last week that led to its closure on Friday. “No losses associated with the resolution of Silicon Valley Bank (SVB) will be borne by the taxpayer,” read a joint statement by Treasury, the Federal Reserve, and the …

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