Will Powell Hearing Wash Out Silvergate FUD From Crypto Market?

Crypto News Today: After a relatively bullish first two months of the year 2023, the cryptocurrency market is currently exposed to FUD around the Silvergate crisis. Interestingly, the FUD around Silvergate Bank crisis is deeper than it appears, in that the prices failed to recover despite stock market rally on Monday. Meanwhile, traders are gearing up for Jerome Powell hearing before the US Senate committee. More importantly, it has already been revealed that the crypto ecosystem will come up for discussion during the hearing.