Bitcoin (BTC) Price Briefly Topped $56K on Bitfinex, Well Above Levels Elsewhere

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Bitcoin (BTC) Price Briefly Topped $56K on Bitfinex, Well Above Levels Elsewhere

The move occurred at the same time as bitcoin surged 2.5% on spot markets elsewhere as investors reacted to the stock prices of two banks, Pacwest (PACW) and Western Alliance (WAL), plunging by more than 30% as concerns about the U.S. banking system resumed. www.coindesk.com

The move occurred at the same time as bitcoin surged 2.5% on spot markets elsewhere as investors reacted to the stock prices of two banks, Pacwest (PACW) and Western Alliance (WAL), plunging by more than 30% as concerns about the U.S. banking system resumed.

www.coindesk.com