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arXiv · 2311.10720

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

Qin Wang·Guangsheng Yu·Shiping Chen
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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.

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Qin Wang, Guangsheng Yu, Shiping Chen. 2023-09-15. Cryptocurrency in the Aftermath: Unveiling the Impact of the SVB Collapse. https://arxiv.org/abs/2311.10720

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