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The impact of the Credit Suisse bank crisis on the crypto market

Cointelegraph analyst and writer Marcel Pechman explains how the Credit Suisse bank crisis will impact the crypto market.

The program, hosted by Marcel Pechman and broadcast every Friday at 12:00 EDT on Cointelegraph Markets&Research YouTube, explains complex concepts in the words of a layman and focuses on the causal relationship between traditional financial events and everyday cryptographic activities.

In today's program, Pechman, a password analyst, discusses how to analyze banks-- importantly, how to avoid the wrong market capitalization indicator, which is worth $15.8 billion for the failed Silicon Valley Bank (SVB).

The corporate value (EV) index can better reflect the terms of a bank's balance sheet by subtracting net debt from market capitalization. Of course, Pechman first explained the relationship between bank valuations and cryptocurrencies, especially the spirit of BTC.

The video explores the rejection of applications from a narrow bank in 2018, which does not leverage customers' deposits and invests only in US Treasuries. It's a fascinating story-you should watch the entire episode on YouTube for more information.

Pechman explained why the ultimate password pump caused by the banking collapse was unsustainable because the risk of recession outweighed the initial enthusiasm. The video then compares the bond (debt) market with the gold, equity and real estate markets.

The episode ends with a quick review of unrealized losses and how debt markets could trigger a massive bull market in bitcoin and cryptocurrencies.

If you are looking for exclusive and valuable content from leading password analysts and experts, be sure to subscribe to the Cointelegraph Markets&Research YouTube channel. Join our macro market every Friday at 12:00 EDT.

by Marcel Pechman
© 2023 WJB All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

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Tue, 18 Apr 2023

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