The precarious cryptocurrency market has been made worse by cryptocurrency lender Celsius' June declaration that it is banning withdrawals owing to "extreme market conditions." Following the market meltdown, crypto hedge fund Three Arrows Capital might possibly be insolvent. Three Arrows Capital has entered liquidation, worsening the crisis gripping the whole world's market for digital assets. Three Arrows was is also considering alternatives including the sale of assets or a firm's rescue.
https://news.sky.com/story/crypto-hedge-fund-three-arrows-capital-plunges-into-liquidation-12642402These kinds of questions come up whenever the bear market starts. if it continuously reducing the price drastically, then everyone raise the similar thought. The current market is being affected by a hype. That is the time of fall. No matter which way the crypto market goes, one of the things that investors are talking about is the collapse. Today we may not see the current situation of the market if Luna or Celsius not spreading the negativity. Most of the investors allegation that they are the victims of the market's predicament by the negative impact of Luna and Celsius. After all it is clear that the market will take little longer time to recover.