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

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  • Qin Wang
  • Guangsheng Yu
  • Shiping Chen

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.

Suggested Citation

  • Qin Wang & Guangsheng Yu & Shiping Chen, 2023. "Cryptocurrency in the Aftermath: Unveiling the Impact of the SVB Collapse," Papers 2311.10720, arXiv.org.
    • Handle: RePEc:arx:papers:2311.10720
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    References listed on IDEAS

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