Why Shares of Silvergate Capital Are Down Today
Shares of the crypto bank Silvergate Capital (NYSE: SI) have dropped nearly 5% as of 11:51 a.m. EST amid a big drop in the market due to fears of omicron, but also along with positive sentiment from an analyst today.
The Dow Jones Industrial Average has dropped more than 618 points as of 11:51 a.m. ET, while the Nasdaq Composite is trading 1.7% down. Bitcoin (CRYPTO: BTC), the world's largest cryptocurrency, has fallen about 2.5% over the last 24 hours.
Image source: Getty Images.
Source Fool.com
