Quick Take
Bitcoin extends its gain up 35% YTD, while S&P has gone into negative territory -0.19%. Both Nasdaq and TLT are up over 7% YTD. Chaos in bank stocks as some are halted for volatility. Western Aliance sank a record 76% and halted for volatility. KBW index falls 4% to its lowest since November 2020. First Republic Bank sinks by a record 67% at the open. Charles Schwab (SCHW) halted for volatility, dropping 41% to the lowest on record.
Assets: (Source: Trading View)
Bank Share Prices: (Source: Trading View)
Bank: (Source: Bloomberg)
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