Why is the crypto market up today? BTC surges above $27k
Silicon Valley Bank (SVB) failed on March 10, and the bitcoin (BTC) price has been on a tear since then. According to CoinMarketCap, the current Bitcoin price is $27,452.41. Its daily trading volume is $47,215,804,393. Bitcoin has gained 4.89% in the last 24 hours, with a current market capitalization of $530,402,426,836.