In a news we shared with you in the morning hours cryptocurrency markets It Turned Into A Bloodbath, Bitcoin Stretched To Its Level In 2020 we have transferred† As the decline continued, a remarkable development took place. The World’s Largest Cryptocurrency Exchange Binanceannounced that it has stopped withdrawing Bitcoin.

In the statements of Binance’s official social media accounts, on the BTC network It was indicated that there was a blockage. This was precisely why the operations were suspended. Mentioning that the technical team continues to work, Binance officials announced that investors wishing to withdraw Bitcoin should use other networks. So if you are going to withdraw Bitcoin, Ethereum or BNB chain You have to use networking.

Here is the statement from Binance on Twitter:

Binance has withdrawn #Bitcoin withdrawals from the $BTC network due to an on-chain transaction stalled. Stopped temporarily† Our team is working to resolve the issue and will share more details soon. You can continue to withdraw BTC from other networks while work continues.”

The latest situation in Bitcoin:

Speaking of cryptocurrencies, in the morning black monday We see that even the situation we mention is already good. Because Bitcoin, at the time of writing this article from 23 thousand 700 dollars is traded. This figure means that more than 13 percent has been lost in value in the last 24 hours. While other cryptocurrencies like Bitcoin are collapsing, so is the total money in the market. $968 billion for the first time since early 2021 down to the level…