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March 23, 2023

Crypto-ing back up

Fact # 3431|Keep Your Money Under Your Mattress

The Bitcoin price reached its highest point in late 2021 at R986 000 per Bitcoin. The fall of Silicon Value Bank (SVB) has created confidence in the decentralised currency. On 10 March 2023, the day the bank crashed, the Bitcoin price was R370 200. As at 22 March 2023, it has grown by 40.1%, to R521 800 per Bitcoin.

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