Over $152M Crypto Shorts Liquidated As Bitcoin, Ethereum Spike

The total cryptocurrency market cap climbed back above $1 trillion in the last 24 hours. This comes in light of the news that depositors of now-closed Silicon Valley Bank (NASDAQ: SIVB) and Signature Bank (NASDAQ: SBNY) will be able to get their funds out, spurring Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) higher.