Cryptocurrency in the Aftermath: Unveiling the Impact of the SVB Collapse

Qin Wang, Guangsheng Yu and Shiping Chen

Papers from arXiv.org

Abstract: In this paper, we explore the aftermath of the Silicon Valley Bank (SVB) collapse, with a particular focus on its impact on crypto markets. We conduct a multi-dimensional investigation, which includes a factual summary, analysis of user sentiment, and examination of market performance. Based on such efforts, we uncover a somewhat counterintuitive finding: the SVB collapse did not lead to the destruction of cryptocurrencies; instead, they displayed resilience.

Date: 2023-09
New Economics Papers: this item is included in nep-fmk, nep-mon and nep-pay
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