What the price of
Bitcoin
will do this weekend is anybody’s guess, but here’s one good bet: The past week’s tumult in banking will make it more costly to trade.
Since
Silvergate Capital
(ticker: SI) said it was winding down and Signature Bank (SBNY) failed, token prices on various trading platforms like
Coinbase
and Gemini have diverged widely. Traders have been paying hundreds of dollars, and sometimes more than $1,000, more for a single Bitcoin on one platform than on others.