Bitcoin Is Increasing in Value Following The UBS-Credit Suisse Deal.

Mar 20, 2023

Bitcoin Is Increasing in Value Following The UBS-Credit Suisse Deal

Bitcoin is up after UBS announced a $3.2 billion plan to purchase Credit Suisse in an attempt by Swiss authorities to restore confidence in financial markets.

Bitcoin was up 3.3% to $28,334 per coin on Sunday at 4 p.m. Eastern time. Another cryptocurrency, Ethereum, rose 1.7% to $1,826 per unit.

Anxiety has fueled a jump in crypto prices this year as Big Tech companies lay off staff and prepare for worse economic conditions ahead, and investors are concerned about financial system instability.

In March, three banks collapsed, including crypto lender Silvergate Capital, which said it would cease operations. Regulators stepped down last week to take over the tech-industry-focused Silicon Valley bank, the second-largest U.S. bank failure ever, and New York-based Signature Bank.

The disturbance in the financial system may cause lenders to reduce their risk-taking, which may chill the economy and persuade the Federal Reserve to pause the pace of interest-rate rises at its meeting this week. Increasing Treasury rates have diverted attention away from cryptocurrencies in the last year, but investors may return to crypto if the Fed slows.

According to the CME FedWatch tool, futures traders estimate a 62% likelihood of a quarter-point rate increase when the Fed announces its decision on Wednesday, with a 38% chance of no increase.

Another reason cryptocurrency may be rising: According to Oanda Senior Market Analyst Edward Moya, regulators are open to a bank taking over Signature Bank's cryptocurrency subsidiary.

Moya asserted in a letter that Signature Bank was an important crypto bank in the United States and that its survival is critical for the long-term development prospects of a large portion of the crypto-verse.

Moya also believes Bitcoin is attempting to break out and reach the $30,000 milestone.

Subscribe Our Newsletter

Toncoin Price Prediction: What to Expect Shortly

Nato

Toncoin Price Prediction: Analyzing Future Trends and Market Dynamics

Discover the latest Toncoin price prediction, with insights into the future price potential and the role of TON Bridge in the TON to USD conversion.

Crypto
U.S. Energy Prices Are Breaking a Historic Pattern
U.S. Energy Prices Are Breaking a Historic Pattern. The Results Could Be Severe

As Europe struggles through an energy crisis, the United States could very well be on the precipice of our own. Prices are high—that is no secret. Production of oil is lower than it was before Covid, and there are concerns about a cold winter coming.

Stocks
B2BROKER Liquidity B2BROKER Liquidity
Sponsored
Liquidity Provider

How Does The Forex Brokerage Business Work
Forex brokers help people trade different currency pairs, so brokers partner with liquidity providers that open access to the Tier-1 pools. How do brokers work?

discover
What is Liquidity Mining?

Liquidity Provider

What is Liquidity Mining?

The value of bitcoin and other cryptocurrencies has surged, drawing the interest of the general public. The fast rise of decentralized finance is also a significant element. Investors may employ cryptocurrencies and fiat money in a variety of ways to produce cash flow.

Fintech
Contact us bg

Contact Us

Contact the Liquidity Provider
for any questions and advertising inquiriesb2broker

    Please fill out this contact form to get in touch with us

    / 3000

    By clicking “Get in touch” button, you agree to the privacy policy

    Successful!
    Thank you for your request.
    We will contact you shortly.
    Close

    Hazem

    MetaTrader vs cTrader: Which Trading Platform Shall You Choose?

    MetaTrader vs cTrader: The Full Breakdown

    Сonstantine

    Will Dogecoin Reach $1? Tokenomics and Price Analysis

    Will Dogecoin Reach 1 Dollar Analysis

    Сonstantine

    How to Get a Crypto Exchange License?

    How to Get Crypto Exchange License

    Сonstantine

    Best Crypto to Buy Now: Guide for Investors

    Best Crypto To Buy Now

    Hazem

    Grok vs ChatGPT: What’s the Best AI Assistant You Need in 2025

    Grok vs ChatGPT

    Сonstantine

    How to Choose the Right Liquidity Provider for Your Brokerage

    How to Choose the Right Liquidity Provider for Your Brokerage

    Сonstantine

    Low-Latency Trading Defined: Speed, Strategy and Technology

    Low-Latency Trading Explained

    Hazem

    How Liquidity Depth Affects Slippage in High-Volume Trading

    Liquidity depth and slippage in trading

    Hazem

    What is FIX API Liquidity Connection and How Does it Power Institutional Trading?

    FIX API in institutional trading

    Сonstantine

    OTC Trading Strategies and Technologies to Succeed in Over-the-Counter Markets

    OTC Trading Strategies

    Alexander

    What is OTC Trading? A Complete Guide for 2025

    what is OTC

    Alexander

    Synthetic Futures: A Trader’s Guide to Replicating Positions with Options

    How to Trade Synthetic Futures

    Сonstantine

    Order Book Depth: What It Is And Why It Matters?

    Order Book Depth What It is And Why It Matters

    Alexander

    Spot vs Perpetual Futures: Which Is Right for You?

    Spot vs Perpetual Futures explained

    Hazem

    5 Reasons Traders Are Switching to Perpetual Futures

    5 Reasons to Switch to Perpetual Futures

    Constantine

    Top 3 Liquidity Challenges Facing New Exchanges and How to Solve Them

    Top 3 Liquidity Challenges Facing New Exchanges Today

    Constantine

    Financial Planning in the Cryptocurrency Era — Master Crypto and Digital Asset Strategies

    Financial Planning in the Cryptocurrency Era

    Hazem

    Best Platforms to Trade Perpetual Futures in 2025

    Best platforms to trade perpetual futures in 2025

    Alex

    Top 10 Fintech Website Development Agencies for 2025

    Best Fintech Website Development Agencies for 2025

    Сonstantine

    Internal vs External Range Liquidity In ICT Trading Explained

    Internal vs External Range Liquidity In ICT Trading

    Constantine

    Portfolio Backtesting — Tools, Metrics, and Methods Explained

    Portfolio Backtesting

    Сonstantine

    ICT Trading Explained: Smart Money Concepts, Tools and Setups

    ICT Trading Explained

    Сonstantine

    CFD Trading Strategies: A Practical Guide to Risk and Execution

    CFD Trading Strategies

    Alexander

    What is a Fair Value Gap? A Guide to Trading Market Imbalances

    What is Fair Value Gap
    liquidity-provider-logo
    • News
      • Stock Market Forecast
      • Stocks
      • Banks and Finance
      • Companies
      • Crypto
      • Forex
      • AI
      • Technology
      • DeFi
      • NFT
    • Articles
      • Crypto Payments
      • Trading
      • Crypto Exchange Business
      • Forex Business
      • Fintech
      • Liquidity
      • FinTech Awards
      • Blockchain
      • Investing
      • NFT
      • DeFi
    • More
      • Videos
      • Liquidity Providers List
      • Crypto Payment Providers
      • White Label Brokerage Platforms
      • Broker CRM Platforms
    [email protected]

    © 2024 Liquidity Provider. All Rights Reserved

    Privacy Policy Cookie Policy
    This site is registered on wpml.org as a development site. Switch to a production site key to remove this banner.