Bitcoin

Foundation

<h2 id="quick-take">Quick Take</h2>
<ul>
<li>Several regional bank stocks were halted due to volatility on May 2 after dropping more than 25%.</li>
<li>KBW Nasdaq Regional Banking Index is down a further 4% today; it is down -26% for the year</li>
<li>PacWest <a class="css-4rbku5 css-18t94o4 css-901oao css-16my406 r-1cvl2hr r-1loqt21 r-poiln3 r-bcqeeo r-qvutc0" dir="ltr" role="link" href="https://twitter.com/search?q=%24PACW&amp;src=cashtag_click">$PACW</a>: -29% and <a href="https://www.nasdaqtrader.com/trader.aspx?id=tradehalts">halted</a></li>
<li>Metropolitan Bank <a class="css-4rbku5 css-18t94o4 css-901oao css-16my406 r-1cvl2hr r-1loqt21 r-poiln3 r-bcqeeo r-qvutc0" dir="ltr" role="link" href="https://twitter.com/search?q=%24MCB&amp;src=cashtag_click">$MCB</a>: -27% and halted</li>
<li>Western Alliance <a class="css-4rbku5 css-18t94o4 css-901oao css-16my406 r-1cvl2hr r-1loqt21 r-poiln3 r-bcqeeo r-qvutc0" dir="ltr" role="link" href="https://twitter.com/search?q=%24WAL&amp;src=cashtag_click">$WAL</a>: -25% and halted</li>
<li>HomeStreet <a class="css-4rbku5 css-18t94o4 css-901oao css-16my406 r-1cvl2hr r-1loqt21 r-poiln3 r-bcqeeo r-qvutc0" dir="ltr" role="link" href="https://twitter.com/search?q=%24HMST&amp;src=cashtag_click">$HMST</a>: -16% </li>
<li>Zions <a class="css-4rbku5 css-18t94o4 css-901oao css-16my406 r-1cvl2hr r-1loqt21 r-poiln3 r-bcqeeo r-qvutc0" dir="ltr" role="link" href="https://twitter.com/search?q=%24ZION&amp;src=cashtag_click">$ZION</a>: -11% </li>
<li>First Foundation <a class="css-4rbku5 css-18t94o4 css-901oao css-16my406 r-1cvl2hr r-1loqt21 r-poiln3 r-bcqeeo r-qvutc0" dir="ltr" role="link" href="https://twitter.com/search?q=%24FFWM&amp;src=cashtag_click">$FFWM</a>: -10% </li>
<li>Comerica <a class="css-4rbku5 css-18t94o4 css-901oao css-16my406 r-1cvl2hr r-1loqt21 r-poiln3 r-bcqeeo r-qvutc0" dir="ltr" role="link" href="https://twitter.com/search?q=%24CMA&amp;src=cashtag_click">$CMA</a>: -9% </li>
<li>Keycorp <a class="css-4rbku5 css-18t94o4 css-901oao css-16my406 r-1cvl2hr r-1loqt21 r-poiln3 r-bcqeeo r-qvutc0" dir="ltr" role="link" href="https://twitter.com/search?q=%24KEY&amp;src=cashtag_click">$KEY</a>: -8%</li>
<li>Bitcoin is up 2% today</li>
</ul>
<figure id="attachment_322159" aria-describedby="caption-attachment-322159" style="width: 1533px" class="wp-caption aligncenter"><img class="wp-image-322159 size-full" src="https://cryptoslate.com/wp-content/uploads/2023/05/banks1.png" alt="Banks: (Source: Trading View)" width="1533" height="989" srcset="https://cryptoslate.com/wp-content/uploads/2023/05/banks1.png 1533w, https://cryptoslate.com/wp-content/uploads/2023/05/banks1-300x194.png 300w, https://cryptoslate.com/wp-content/uploads/2023/05/banks1-1024x661.png 1024w, https://cryptoslate.com/wp-content/uploads/2023/05/banks1-768x495.png 768w" sizes="(max-width: 1533px) 100vw, 1533px" /><figcaption id="caption-attachment-322159" class="wp-caption-text">Banks: (Source: Trading View)</figcaption></figure>
&nbsp;
The post <a rel="nofollow" href="https://cryptoslate.com/insights/regional-banks-extend-loss-and-paused-due-to-volatility-bitcoin-up-2/">Regional banks extend losses and some paused due to volatility; Bitcoin up 2%</a> appeared first on <a rel="nofollow" href="https://cryptoslate.com">CryptoSlate</a>.

Regional banks extend losses and some paused due to volatility; Bitcoin up 2%

Table of Contents

CryptoSlate

Andre artikler udgivet 2. maj 2023

Lavrov Forecasts Worldwide Shift From the U.S. Dollar

SEC’s Court Case Fails to Deter TMS Network (TMSN) Growth, Eclipsing XRP (XRP) And Avalanche (AVA...

Decentralized Perpetual Market Level Finance Hacked for $1.1M

Bitcoin hashrate approaches half a zettahash, setting new record

Filecoin Price Analysis: FIL resurges at $5.30 as bullish impulse returns

Why is Crypto Marketing So Difficult?

Join our free newsletter for daily crypto updates!