Bitcoin Falls Below 19 thousand US Dollars
Bitcoin has fallen below $19,000 for the first time since December 2020.
According to CoinMarketCap, the world's largest cryptocurrency reached a low of $18,729 and was trading at $20,352 at the time of publication.
The cryptocurrency market and bitcoin lost about 57% in the second quarter with a market capitalization of $881 billion early on Friday morning.
Cryptocurrency hedge fund Three Arrows Capital (3AC) has reportedly been reprimanded by the central bank of Singapore for misleading officials.
According to media reports on Wednesday, the British Virgin Islands court ordered 3AC to liquidate.
The European Council on Systemic Risks on Thursday considered crypto assets a threat to the financial system and called for additional regulation to address this problem "urgently."
https://coin-signal.com/cryptonews/bitcoin-falls-below-19-thousand-us-dollars/
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