: “As inflation proves to be an even trickier opponent to beat than expected, bitcoin and ether are continuing to get a severe bruising in the ring.
“The worry is that inflation is becoming too hot to handle by central banks who will be forced to douse economies with jets of freezing water, in the form of much steeper interest rate rises, to get it under control. However, that has not happened. “This is only impacting the Bitcoin network. You can still withdraw Bitcoin on other networks like BEP-20”, Binance chief executive Changpeng Zhao tweeted.
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