bitcoin
Bitcoin illustration
  • Bitcoin rose in a broad crypto rally Monday after US regulators bailed out customers of Silicon Valley Bank.
  • The value of the total crypto market topped $1 trillion as fears around failed SVB and Signature Bank ebbed. 
  • Meanwhile, Circle said its $3.3 billion reserves in SVB would be available and its stablecoin would regain its peg.

Bitcoin's price jumped in a broad-based rally for cryptocurrencies Monday, after US regulators stepped in to bail out customers with money in Silicon Valley Bank