The impact of the Credit Suisse bank crisis on the crypto market

  • 📰 Cointelegraph
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 51%

Business News News

Business Business Latest News,Business Business Headlines

Macro Markets Ep. 4 on Cointelegraph Markets & Research: Marcel Pechman explains how the Credit Suisse bank crisis could impact the crypto market.

The show Macro Markets, hosted by Marcel Pechman, which airs every Friday at 12 pm ET on the Cointelegraph Markets & Research YouTube channel, explains complex concepts in layman’s terms and focuses on the cause and effect of traditional financial events on day-to-day crypto activity.

The enterprise value metric provides a much better picture of a bank’s balance sheet terms by subtracting net debt from market cap. Of course, Pechman first explains the relationship between banking valuation and cryptocurrencies, specifically Bitcoin’s ethos. Pechman explains why an eventual crypto pump caused by a banking industry collapse would not be sustainable, as recession risks outweigh initial enthusiasm. The video goes on to compare bond markets to gold, equities and real estate.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 562. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Several analysts issue UBS downgrades, citing risks from Credit Suisse merger By Investing.com⚠️BREAKING: *UBS SHARES FALL 8.5% AS SEVERAL ANALYSTS ISSUE DOWNGRADES, CITING RISKS FROM CREDIT SUISSE TAKEOVER $UBS $CS 🇨🇭🇨🇭 Let’s gooooooo!!! We can’t be stopped let’s gooooooooooooo!!!! the central banks have printed so much money....the American and European economy will no longer be able to save the banks in the world with the money printed...all the banks are going bankrupt..the economy is going into hyperinflation..people don't trust banks anymore
Source: Investingcom - 🏆 450. / 53 Read more »

Stocks slide as Credit Suisse rescue fails to stem rout By Reuters*GLOBAL STOCKS SLUMP AS CREDIT SUISSE RESCUE FAILS TO STEM ROUT AMID FED RATE UNCERTAINTY 💣 OMG😱 S&P -0,8%😁
Source: Investingcom - 🏆 450. / 53 Read more »