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All Eyes on the Fed

What banking crisis? Bitcoin barrels past those fears; how global markets fared & the cryptoverse, and what to look out for in the week ahead.

March 19, 2023

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What Banking Crisis? Bitcoin Barrels Past Those Fears

Photo by Markus Winkler / Unsplash / Blockhead

All eyes are on the Federal Reserve after the wild week in the financial world has been unlike any other since 2008.

Unrest in the banking sector has caused people to worry that the world economy is on the verge of another disaster.

People who did not experience the 2008 financial crisis might find this sudden change hard to understand as another chaotic week for banks marks the end of an era for the global economy.

At the end of a tumultuous week for global markets, a report that major banks were limiting their trade with Credit Suisse sent global stocks down and US Treasuries up.

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