Silicon Valley Bank Defaults, $42 Billion Withdrawn in 24h

https://www.bloomberg.com/news/articles/2023-03-10/why-svb-was-hit-by-a-bank-run-and-where-it-could-lead-quicktake

First Silvergate, now SVB. They were invested in Mortgage Backed Securities. Who's next? And what is the impact on crypto?

My advice is to DIVERSIFY🔥

submitted by /u/wtfCraigwtf
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source https://www.reddit.com/r/btc/comments/11ppdei/silicon_valley_bank_defaults_42_billion_withdrawn/