Crypto: Bitcoin passes $24,000 as crypto prices soar amid bank jitters

by | Mar 13, 2023 | Stock Market

Cryptocurrency prices extended gains Monday, lifted over the weekend as investors assessed the fallout from the collapse of Silicon Valley Bank and crypto-friendly Signature Bank alongside a commitment by federal regulators to backstop depositors at both institutions and across the banking system. Bitcoin BTCUSD was up 18.34% at $24,417 over the past 24 hours, according to CoinDesk data. Ether ETHE was trading at $1,690, up 14.87% in the past 24 hours, according to CoinDesk. U.S….

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