Cryptocurrency in the Aftermath: Unveiling the Impact of the SVB Collapse
General Finance
2023-11-21 v1 Cryptography and Security
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.
Cite
@article{arxiv.2311.10720,
title = {Cryptocurrency in the Aftermath: Unveiling the Impact of the SVB Collapse},
author = {Qin Wang and Guangsheng Yu and Shiping Chen},
journal= {arXiv preprint arXiv:2311.10720},
year = {2023}
}