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Binance Halts Withdrawals As BTC Fees Surge - Kaiko Research: Data Debrief

Date 09/05/2023

Bitcoin closed the week in the red after network congestion led Binance to halt withdrawals twice over the past 48 hours, the U.S. Fed hiked rates but opened the door for a pause amid lingering banking turmoil, Coinbase reported smaller than expected loss in the first quarter while Bittrex filed for bankruptcy.

 

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