Binance's Withdrawal Halts Cause Bitcoin Price Fluctuations

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Source: Barron's
Binance's Withdrawal Halts Cause Bitcoin Price Fluctuations
Photo: Barron's
TL;DR Summary

Bitcoin prices are falling after Binance, a major cryptocurrency exchange, paused withdrawals of the largest digital asset twice due to a large volume of pending transactions. Binance clarified that movements of billions of dollars worth of Bitcoin reported on social media were internal transactions.

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