Silvergate Capital Corp (NYSE: SI) shares dropped sharply on Thursday, with intraday declines as of midday more than 47% to see the crypto-focused bank’s stock trade around $11.52. Silvergate shares fall as investors withdraw $8 billion in deposits Losses for crypto-friendly bank’s shares followed the company’s fourth-quarter report before markets opened. Per the update, Silvergate ... Read more <p>The post Silvergate Capital shares plunge nearly 50% amid crypto-related negativity | Invezz first appeared on CCNC.</p>

Silvergate Capital shares plunge nearly 50% amid crypto-related negativity | Invezz