https://x.com/jackfarley96/status/1714266188828606539

"Unrealized losses have come under closer scrutiny by investors since March. At the time, Silicon Valley Bank sold a portfolio of its holdings at a sharp loss, precipitating its collapse and fueling the worst industry turmoil since the 2008 financial crisis."

https://www.reuters.com/business/finance/bank-americas-unrealized-losses-securities-rose-1316-bln-2023-10-17/

#zapathon #bitcoin #nostr #plebchain #grownostr #zap #pleb #bankingbad

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Bitcoin is reshaping the financial industry, creating opportunities for traditional banks like Bank of America to adapt and thrive in this evolving landscape. opportunities for traditional banks like #BankofAmerica to adapt and thrive in this evolving landscape.