# Bitcoin bulls remain bullish, but macro and crypto-specific hurdles have BTC pinned below K

# Bitcoin bulls remain bullish, but macro and crypto-specific hurdles have BTC pinned below $30K

On March 23, Bitcoin (BTC) price recovered the $28,000 support after a brief correction below $27,000. The movement closely tracked the traditional financial sector, particularly the tech-heavy Nasdaq Index, which gained 2.1% as Bitcoin surpassed the $28,000 threshold. On March 22, the Federal Reserve raised its benchmark interest rate by 0.25%, but hinted that it…

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# How credible is the ‘Operation Chokepoint’ theory?

# How credible is the ‘Operation Chokepoint’ theory?

” How credible is the ‘Operation Chokepoint’ theory? “ Global economic conditions are tightening; interest rates are in flux; and inflation has yet to be curbed. Considering the economic headwinds, the fact that Silvergate Bank, Silicon Valley Bank and other banks are breaking is not surprising.  But why now? Quickly rising interest rates are extremely…

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# Let First Republic and Credit Suisse burn

# Let First Republic and Credit Suisse burn

” Let First Republic and Credit Suisse burn “ When crypto markets took a hit after the collapse of FTX and other crypto lenders last year, some crypto critics repeated the mantra, “Let crypto burn.” Now, it’s big banks that are faltering — including Credit Suisse and First Republic — after regional banks, including Signature…

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