jobs number released on Friday - remember that? - it revealed that nonfarm jobs growth in the United States decelerated to 311,000 in February, lower than January's 504,000 but still more than the forecast of 225,000. All deposits will be made whole, according to Federal regulators.

Then on Monday morning, regulators closed Signature Bank - one of the main banks to the cryptocurrency industry - citing systemic risks.The collapse of SVB is the second-biggest bank collapse in U.S.It's a relief to tech companies - like Roku, which has 26% of its cash reserves in SVB - and venture capitalists, who implored the government to step in.The Federal Reserve also created a Bank Term Funding Program to loan money to banks facing liquidity problems. Regulators guaranteed that people can access their deposits in SVB beyond the insured $250,000.financial regulators shut down Silicon Valley Bank on Friday and took control of its deposits.

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