
Crypto News: The global digital asset market printed red indexes on Monday as Binance reported multiple Bitcoin withdrawal halts over the past 24 hours. However, the data suggests that top crypto are not the only ones who took a hit due to withdrawal stoppage crypto stocks also recorded a slump.
Also Read: Bull Market Issue; CZ Addresses Bitcoin Withdrawals Issue
Coingape reported that Binance decided to pause BTC withdrawals citing a spike in pending transactions as it wasn’t able to offer high enough rewards to miners to log the trades. According to the data, blockchain and crypto linked companies recorded a pre market trading decline on Monday. However, Bitcoin price recorded a drop of more than 3% to decline the $28K price level.
Coinbase Global Inc (NASDAQ: COIN), the U.S. biggest crypto exchange, stock price dropped by 4% pre market. Its pre market price stood around $56.44.
(THIS IS A DEVELOPING STORY)
The post Binance Bitcoin Withdrawals Halts Leave Crypto Stocks Tumbling appeared first on CoinGape.
- Website
- Mobile app
- Telegram Channel
- Telegram Group
- YouTube
- Binance Referral Link
- Bitmex Referral Link
- (Recommended For Leverage) ByBit Referral Link
- Buy Ledger Nano at discounted price
- Buy Cool Wallets at discounted price
Don't forget to share your review/suggestions for the android app.
All In One Crypto App is an execution-only service provider. The material provided on this website is for information purposes only and should not be understood as investment advice. Any opinion that may be provided on this page does not constitute a recommendation by All In One Crypto App or its agents. We do not make any representations or warranty on the accuracy or completeness of the information that is provided on this page. If you rely on the information on this page then you do so entirely on your own risks