Bitcoin picked up a strong bid near $19,600 late Friday after Silicon Valley Bank, formerly one of the top 20 lenders in the U.S., shut operations. Prices have risen over 25% since then, reaching a nine-month high of $26,501 on Tuesday, CoinDesk data show.

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• Source: https://www.coindesk.com/markets/2023/03/16/bitcoin-held-in-funds-drops-to-lowest-since-october-2021-bytetree-data-shows/?utm_medium=referral&utm_source=rss&utm_campaign=headlines