Binance's Bitcoin Withdrawals Halted Twice Due to Network Congestion and Surging Fees

TL;DR Summary
Bitcoin's value dropped by over 3.8% to its lowest level in almost two weeks due to Binance, the largest crypto exchange, pausing bitcoin withdrawals twice over the weekend. Despite being up over 70% this year, Bitcoin is still down almost 60% from its all-time high in 2021.
- Bitcoin tumbles as Binance paused withdrawals twice MarketWatch
- Bitcoin slides after network congestion leads Binance to briefly halt withdrawals CNBC
- Binance withdrawals rise on higher transaction fee | Latest World News | English News | WION WION
- Binance Pauses Bitcoin Withdrawals, Blames Network Congestion Decrypt
- Binance resumes Bitcoin withdrawals after halting for heavy volumes and surging fees CNBC Television
Reading Insights
Total Reads
0
Unique Readers
1
Time Saved
0 min
vs 1 min read
Condensed
55%
104 → 47 words
Want the full story? Read the original article
Read on MarketWatch