Bitcoin's Volatility Continues to Shake the Crypto Market.
TL;DR Summary
Congestion on the Bitcoin network led to a pause in BTC withdrawals from Binance, sending crypto prices tumbling as investors grow frustrated with delayed transactions and increased transaction costs. The weakness in BTC led to widespread losses in the altcoin market, with only six tokens out of the top 200 managing to post positive gains for the day. The overall cryptocurrency market cap now stands at $1.134 trillion, and Bitcoin’s dominance rate is 46.9%.
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- This Bitcoin Vs Dollar Comparison Says Crypto Winter Is Done | Bitcoinist.com Bitcoinist
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