Bitcoin falls below $19,000 again as pressure mounts on crypto firms

  • Bitcoin on Thursday 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.

source: CNBC News.