Have US government, regulators and Federal Reserve just reignited Bitcoin bull market?

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City AM

By Darren Parkin This was never meant to happen. Financial regulators, the US Treasury Secretary, and the US central bank appear to have kick started the next Bitcoin bull market. On Sunday night, regulators announced a joint statement from the Treasury Secretary, Janet Yellen, the Federal Reserve chair, Jerome Powell, and the Federal Deposit Insurance Corporation (FDIC) chair, Martin Gruenberg that emergency measures were to be rolled out to stem potential contagion from the collapse of Silicon Valley Bank, the 16th largest US bank. The measures include ensuring that depositors with the faile…

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