Silicon Valley Bank Rocks Crypto and Equity Markets Ahead of Jobs Report ð’ Get Your Binance Account from here https://bit.ly/Binance-New-Account Silicon Valley Bank Rocks Crypto and Equity Markets Ahead of Jobs Report. Analysts are worried that other tech-friendly lenders will face similar problems to Silicon Valley’s. Risk aversion is in full swing, thanks to a crisis at Silicon Valley Bank (SIVB), a pivotal lender to tech startups. On Thursday, the self-described financial partner of the innovation economy sold off a $21 billion bond portfolio for a considerable loss to shore up its liquidity, sending shock waves across financial markets. The bank’s issues reportedly stem from the Federal Reserve’s aggressive rate hikes and the resulting slide in bond prices and rise in yields.
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