Bitcoin Forum
May 28, 2024, 09:49:01 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: First Republic Bank’s drops down to record low...but volatility is only with BTC  (Read 35 times)
Coojhb (OP)
Jr. Member
*
Offline Offline

Activity: 42
Merit: 21


View Profile
April 26, 2023, 04:26:50 PM
 #1

100 billion USD were pulled out by investors from First Republic Bank. There are fears that First Republic Bank may be next in line of getting collapsed after Silicon Valley Bank and Signature Bank.

In single day First Republic Bank shares went down from 16 USD to 8 USD. https://www.nasdaq.com/market-activity/stocks/frc

Bitcoin has a cycle of bull runs, big sell off, recovery - Repeat. Still for me Bitcoin is still more predictable then Banks

News Source: https://www.aljazeera.com/economy/2023/4/26/first-republic-shares-hit-record-low-after-depositors-pull-100bn

Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!