Bitcoin withdrawals temporarily suspended in volatile day for crypto market
by Dan Milmo and Alex Hern from Technology | The Guardian on (#609Y1)
Value of assets dips below $1tn after Celsius Network halts withdrawals over extreme' conditions
The cryptocurrency market has endured another day of volatility as the Binance exchange temporarily suspended bitcoin withdrawals and the total value of the digital asset market dipped below $1tn (820bn), after a cryptocurrency lender stopped customers from taking back their funds.
The cryptocurrency lending platform Celsius Network halted withdrawals because of extreme market conditions", prompting a selloff.
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