Bitcoin and crypto react bullishly to news that the Fed is providing liquidity again after the failure of Silicon Valley Bank and Signature Bank.

Bitcoin (BTC) begins a new week with a bullish surge above $22,000 as the United States Federal Reserve injects liquidity into the U.S. economy.
In a move which can rival any classic Bitcoin comeback, BTC/USD is up a full 15% off the two-month lows seen on March 10.
The volatility — and temporary relief for bulls — is due to events in the U.S. after the failure of one bank and the forced shutting of another.
Silicon Valley Bank (SVB) and Signature Bank are the latest victims in a brutal year for financial institutions under the Fed’s rising interest rates — will the trend continue?
Despite Signature being crypto-focused and a major on-ramp from fiat, crypto markets have so far seen no reason to abandon optimism at the prospect of the Fed providing fresh money.