Federal Deposit Insurance Corporation (FDIC) reported $517 billion in unrealized losses in the US banking system. FDIC says 63 banks are at risk of insolvency sparking concerns about the stability of the US economy and financial sector. The ISM Manufacturing PMI, which came in at 48.7 below forecasts of 49.6, pointed to a bigger-than-anticipated contraction The post FDIC Says 63 Banks Faces Collapse, Bitcoin Price To Fall or Rise? appeared first on CoinGape .