Euler Finance Hacker Rejects Bounty, SVB Financial Group Files for Bankruptcy
Mar 17, 2023
Market Update Markets have largely received news of the Fed's balance sheet expansion to $8.6T earlier this week to be favorable but concerns around the stability of regional banks still loom. $SPX (-1.3%)and $QQQ (-1.0%) have opened lower today after First Republic Bank received its $30b infusion from other banks. $BTC (+6.0%) briefly traded at $27k this morning before retracing to right below it, while $ETH (+3.6%) did not break its $17.8k high from earlier in the week. Across the Top 100, Conflux ($CFX) and Stack ($STX) have been the top gainers over the past week. The former benefitted fr