- Bitcoin on Thursday briefly fell below $19,000 as the world’s largest digital currency remains under pressure.
- Investors are also worried about rampant inflation which is forcing global central banks to raise interest rates.
- That is also sparking fears of a recession in the U.S. and other countries.
- Meanwhile, major crypto hedge fund Three Arrows Capital fell into liquidation, adding further woes to the market.
Bitcoin on Thursday briefly fell below $19,000 as the world’s largest digital currency remains under pressure from macroeconomic worries and a liquidity crisis among high-profile crypto companies.
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