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By James Van Straten at 2026-05-02 14:01
Sentiment: Positive
As First Republic Bank's shares plummet 29% and $100 billion in deposit outflows create havoc, the bank receives a crucial $30 billion rescue package from Wall Street's largest lenders. But what exactly pushed First Republic Bank to the edge, and how did this rescue package save them from a possible 57% decline in deposits? Discover the intricate details behind the bank's turbulent journey and the potential implications for the cryptocurrency market... Unlock the full story with your Alpha subscription. The post First Republic Bank stock halted amidst plunge: is this Bitcoin fault as well? appeared first on CryptoSlate. Continue reading...
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