1. Bitcoin (BTC) Price Dips Below $20,000, Marking a Return to December 2020 Levels.** Bitcoin (BTC) experienced a temporary decline below the $20,000 mark, reminiscent of the levels last seen in December 2020. This drop comes amidst investors' cautious approach, prompted by rising inflation and interest rates.
2. Ethereum (ETH) Price Slips Below $1,000 Amid Broader Crypto Market Downturn.** Ethereum (ETH) encountered a decline, with its value falling below the $1,000 mark, reflecting the overall downturn in the cryptocurrency market.
3. Celsius Network Temporarily Pauses Withdrawals Citing Challenging Market Conditions.** Celsius Network, a prominent crypto lender, has temporarily frozen withdrawals, swaps, and transfers between accounts, citing the presence of "extreme market conditions."
4. Binance Temporarily Suspends Bitcoin Withdrawals Due to Technical Issue.** Binance, a leading cryptocurrency exchange, has temporarily halted Bitcoin withdrawals, attributing the delay to a "stuck transaction" issue.
5. Crypto Hedge Fund Three Arrows Capital Faces Bankruptcy in Wake of Crypto Market Downturn.** Three Arrows Capital, a well-known crypto hedge fund, has filed for bankruptcy in the United States, becoming the latest casualty of the ongoing cryptocurrency market downturn.
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