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SVB collapse: Crypto stages massive rally in wake of bank failures

By Zach Halaschak
Published March 14, 2023 8:15pm ET
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SVB collapse: Crypto stages massive rally in wake of bank failures
A man uses the Bitcoin ATM in Hong Kong, Friday, May 11, 2018. Bitcoin is the world's most popular virtual currency. Such currencies are not tied to a bank or government and allow users to spend money anonymously. | (AP Photo/Kin Cheung)

Bitcoin and other cryptocurrencies have been notching huge gains during the fallout from Silicon Valley Bank’s collapse.

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Bitcoin Cryptocurrency Inflation Silicon Valley Bank