🌠 BTC soars as SVB goes under

While the traditional finance world stumbled, crypto stormed higher over the past week.

BTC dipped below $20,000 over the past week as markets digested the Silicon Valley Bank collapse news and associated contagion fears. But with those fears raising the prospect that the Fed may be more cautious with its interest rate rises, markets bounced back. BTC rallied more than 23% from its 7-day low to trade around $24,200 at the time of writing.

Crypto market volume spiked to a three-month high this week, surpassing half a trillion dollars.

While the markets chop amid the by turns bleak & optimistic market news, 3Commas traders continue to reap the rewards of dialed-in bot trading.

Over the past 30 days, some of the community’s DCA long bots have been on an impressive run. The Brynjolf Tragosso Bot has racked up a 24.6% gain… Dakara Jigglypuff Bot #140 a 24.5% gain… and the Gormlaith Kabutops Bot #16 a 21.17% gain.

All data pulled from CoinMarketCap.com based on 7-day averages & Coincheckup.com