According to Benzinga, the prices of Solana (CRYPTO: SOL) and Bitcoin Cash (CRYPTO: BCH) are rising on Monday. Amidst overall cryptocurrency strength, shares of a number of well-known altcoins are trading higher.
Crypto may be more expensive in sympathy with the larger United States. market after After SVB Financial Group, Signature Bank, and Silvergate Capital Corp (NYSE: SI) recently went under, President Joe Biden gave Americans hope for the future of the financial industry on Monday morning.
According to our Benzinga team, Biden made sure that all bank customers could access their money during his speech.
“According to Biden, all customers who had deposits in these banks can be sure that their funds will be secure and accessible as of right now. “The taxpaying public won’t incur any losses. As an alternative, the funds will be obtained from the fees that banks contribute to the deposit insurance fund.”
