Birdwatch Note Rating
2024-06-05 12:29:54 UTC - NOT_HELPFUL
Rated by Participant: 074A2BACB8E91D04E73061156B519C3FFAD0742B080EFAFC49563F521EE70C24
Participant Details
Original Note:
The headline of this article is sensationalized and isolates a single metric to stir uninformed crypto readers. Paper losses increased $39B Q1 2024 due to higher mortgage rates, but overall net income has rebounded, while asset quality and liquidity remains stable. https://www.fdic.gov/news/speeches/fdic-quarterly-banking-profile-first-quarter-2024
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