Crypto crash - latest: Bitcoin withdrawals still blocked by Binance after huge market collapse

  • 📰 YahooSG
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 71%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

Bitcoin is at its lowest levels since the end of 2020 📉

: “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.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines