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Bitcoin dips below $19,000 in broad crypto sell-off as Three Arrows liquidation sends ripples through the market
1 month ago | By Business Insider
Bitcoin bull Michael Saylor faces significant unrealized losses and a potential margin call after the cryptocurrency slipped below $20,000. Joe Raedle/Getty Images
Bitcoin slipped briefly below $19,000 Thursday after crypto hedge fund Three Arrows Capital fell into liquidation.
Cryptocurrencies have slumped as investors shun risky assets thanks to growing worries about recession.
High-profile financial troubles have cast doubt on the stability of the crypto sector, also putting pressure on prices.
Bitcoin slipped briefly below $19,000 Thursday, as losses for cryptocurrencies deepened after...
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