The Economist (February 10)
A “deep freeze” seems to have overtaken crypto assets. At least that’s how it may feel to investors. “The value of a bitcoin has dropped from $124,000 in early October to around $70,000 today, and the market value of all cryptocurrencies has dropped by more than $2trn. Though the asset class has slumped before, its boosters now seem more despondent than ever.”
Tags: $124k, $2trn, $70k, Asset class, Bitcoin, Cryptocurrencies, Deep freeze, Despondent, Dropped, Investors, Market value, Slumped
American Banker (November 6)
“Bank consolidation, caught in a 2023 deep freeze, could thaw and accelerate in the coming year and beyond, executives of acquisitive banks said during the third-quarter earnings season.”
Tags: 2023, Accelerate, Acquisitive, Bank, Consolidation, Deep freeze, Earnings season, Executives, Q3, Thaw
