The FDIC insures eligible bank deposits up to $250,000 per depositor, protecting funds if an insured bank fails, but this coverage does not extend to cryptocurrencies like Bitcoin or nonbank crypto services. In 2023, several U.S. banks failed, including Silicon Valley Bank, prompting a systemic-risk exception to protect all depositors there. Bitcoin, by contrast, has a fixed supply and no federal insurance, so its market price can fluctuate significantly without any guaranteed floor. This highlights the differing risk profiles between insured bank deposits and crypto assets for investors.
The story on FDIC insurance and Bitcoin price risk provides context for cryptocurrency market activity. For readers following major cryptocurrencies, here is Pluang's market snapshot as of Oct 28, 2026 21:22 WIB: out of 50 priced major cryptocurrencies, 38 rose and 11 fell today. Notable movers include FTM (Fantom) at Rp11.382 with a 1-day change of -2.05%, KSM (Kusama) at Rp67.208 with -2.03% and 100% buy order activity, and DOGE (Dogecoin) at Rp1.431 with +2.00% change and 81% buy order activity.
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