Bitcoin (BTC) Soars to $30,000 as First Republic Bank Hits Record Low
Major cryptocurrencies experience growth amidst traditional banking stock decline.
In a notable market development, Bitcoin prices surged by 9.6%, reaching the $30,000 milestone, while Ethereum concurrently rose by 7.7%, settling at $1,966.72. This significant growth in the cryptocurrency sector coincides with First Republic Bank's (FRC) stock price falling to new record lows, indicating contrasting trends between traditional and digital financial markets.
