Weekly Crypto Roundup: Updated 13 Mar 2023

Following Silvergate’s liquidation and Silicon Valley Bank’s collapse last week, crypto prices have dipped. Half of US venture capital-backed startups were exposed, causing stablecoins turmoil and a significant blow to crypto prices. While the SVB collapse had hurt the tech/crypto sector, experts say it is not expected to threaten the financial health of the entire financial system. Given this, prices have rebounded today, which could be a sign of confidence in the market.