Bitcoin
Bitcoin (BTC)
$68,091.00 1.30653
Bitcoin price
Ethereum
Ethereum (ETH)
$3,552.31 1.90149
Ethereum price
BNB
BNB (BNB)
$618.74 2.17156
BNB price
Solana
Solana (SOL)
$154.74 4.32367
Solana price
XRP
XRP (XRP)
$0.4891910 1.78875
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000221 1.74539
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000129 1.70015
Pepe price
Bonk
Bonk (BONK)
$0.0000287 5.37696
Bonk price
Bitcoin
Bitcoin (BTC)
$68,091.00 1.30653
Bitcoin price
Ethereum
Ethereum (ETH)
$3,552.31 1.90149
Ethereum price
BNB
BNB (BNB)
$618.74 2.17156
BNB price
Solana
Solana (SOL)
$154.74 4.32367
Solana price
XRP
XRP (XRP)
$0.4891910 1.78875
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000221 1.74539
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000129 1.70015
Pepe price
Bonk
Bonk (BONK)
$0.0000287 5.37696
Bonk price
Bitcoin
Bitcoin (BTC)
$68,091.00 1.30653
Bitcoin price
Ethereum
Ethereum (ETH)
$3,552.31 1.90149
Ethereum price
BNB
BNB (BNB)
$618.74 2.17156
BNB price
Solana
Solana (SOL)
$154.74 4.32367
Solana price
XRP
XRP (XRP)
$0.4891910 1.78875
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000221 1.74539
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000129 1.70015
Pepe price
Bonk
Bonk (BONK)
$0.0000287 5.37696
Bonk price
Bitcoin
Bitcoin (BTC)
$68,091.00 1.30653
Bitcoin price
Ethereum
Ethereum (ETH)
$3,552.31 1.90149
Ethereum price
BNB
BNB (BNB)
$618.74 2.17156
BNB price
Solana
Solana (SOL)
$154.74 4.32367
Solana price
XRP
XRP (XRP)
$0.4891910 1.78875
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000221 1.74539
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000129 1.70015
Pepe price
Bonk
Bonk (BONK)
$0.0000287 5.37696
Bonk price
SirWin
SirWin
SirWin

Bitcoin rides banking sector chaos over the $28k mark 

bitcoin-rides-banking-sector-chaos-over-the-28k-mark
Edited by
Markets
Bitcoin rides banking sector chaos over the $28k mark 

The crypto market had seen a significant milestone amid the banking crisis as bitcoin (BTC) surged to new highs of $28,000, a price last seen in June 2022. The digital currency has also topped Goldman Sachs’ list of top-performing investment assets.

Bitcoin tops $28k

Investors and crypto enthusiasts have closely monitored bitcoin price charts as its value rose dramatically in recent weeks while anticipating it would break the $30,000 threshold. 

Many crypto lovers have cited BTC prices’ reaction to the banking sector’s ongoing crisis after several banks’ collapse, including Silicon Valley Bank.

https://twitter.com/RookieXBT/status/1636814144044146689

Bitcoin has continued to be one of the year’s top gainers, reaching a market capitalization of around $444 billion, passing the likes of Visa in terms of market cap.

According to Aksel Chibar, a chartered market expert, Wall Street’s tech-heavy Nasdaq index surged 2.6% on March 16, confirming a positive daily chart time frame pattern. 

Bitcoin moved more or less in line with the rate-sensitive technology equities that led the stock market.

Goldman Sachs ranked bitcoin as the best-performing asset

Banking giant Goldman Sachs ranked bitcoin as the best-performing asset in the world earlier in 2023.

This announcement happened as the cryptocurrency market continued to rebound from its losses from the previous year, partially caused by the collapse of FTX. Bitcoin increased by 38.21%, reaching $23,000 after falling to $16,547. 

https://twitter.com/DocumentingBTC/status/1617594072280989698

According to Binance, Goldman Sachs has taken notice of this rapid ascent and named bitcoin the best-performing asset of 2023.

The Goldman Sachs report, shared by Documenting Bitcoin on Jan 23. 2023, shows bitcoin’s year-to-date return at 27%. The banking giant also gave bitcoin a risk-adjusted ratio of 3.1, better than every asset covered, according to Binance. 

Goldman Sachs further highlighted that bitcoin had outperformed the likes of the S&P 500, gold, real estate, and the Nasdaq 100. 

The financial institution added that the closest asset to bitcoin is the MSCI emerging markets index, with a year-to-date return of 8%, a significant gap.