Crypto Market Update: Post-SVB Collapse - FS Insight
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Crypto Market Update: Post-SVB Collapse

Mar 20, 2023

Sean Farrell joined Tom Lee for a market update webinar, discussing the recent collapse of SVB (Silicon Valley Bank), subsequent macro events, and what this means for crypto.

Recorded March 16, 2023

Watch The Market Update with Tom Lee:
“Yield Curve Un-Inversion Means Something Broke. Either Inflation or Economy.”

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Traditional markets are stumbling today as the National Bank of Canada unexpectedly raised interest rates by 25 bps, sparking fears that the U.S. will potentially follow suit. The SPX (-0.31%) failed to break through $4,300, while the NDQ (-1.36%) has taken a pause on its recent outperformance. Crypto markets are still digesting the repercussions of the SEC lawsuits against Binance and Coinbase, with BTC -1.90%  (-3.15%) trading around $26.3k and ETH -2.26% ...