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

1 min read
Source: MarketWatch
Binance's Bitcoin Withdrawals Halted Twice Due to Network Congestion and Surging Fees
Photo: MarketWatch
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.

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