Birdwatch Archive - Rating Details

Birdwatch Note Rating

2024-06-04 06:31:49 UTC - HELPFUL

Rated by Participant: 54D9BCD250E8DC59BA8ADB01E1E296A83215EF5E90A1A921FF9147C727B8DDF9
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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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