- Santiment tweeted that BTC’s recent price drop was likely caused by Silvergate’s share price plummeting.
- Many crypto businesses have terminated their relationship with the bank due to its share price drop.
- Experts warn that BTC’s price could drop to as low as $19.5K if it fails to stay above $22.3K.
The blockchain analytics firm, Santiment (@santimentfeed), tweeted this morning that the price drop of the crypto market leader, Bitcoin (BTC), was likely caused by the recent Silvergate share price collapse.
Source: https://coinedition.com/silvergate-drama-could-push-btcs-price-down-to-19-5k-level/