May 28, 2024

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Republic First Bank Fails, Triggers Minor Crypto Market Downturn Amid Banking Sector Concerns

1 min read
Republic First Bank Fails, Triggers Minor Crypto Market Downturn Amid Banking Sector Concerns
Republic First Bank Fails, Triggers Minor Crypto Market Downturn Amid Banking Sector ConcernsThe United States witnessed its first banking failure of 2024 with the closure of Philadelphia-based Republic First Bank, creating ripples within the cryptocurrency community as Bitcoin, Ether, and various altcoins experienced slight price drops following the announcement. This event has spurred discussions among crypto enthusiasts and investors, with some seeing bank failures as a compelling […]