Bitcoin dips below $24K for first time since 2020 as Binance halts withdrawals

Bitcoin dipped below $24,000 for the first time since 2020 as Binance, the world’s biggest cryptocurrency exchange stopped users from withdrawing bitcoin early Monday. Binance founder and CEO Changpeng Zhao blamed the “temporary pause” on “a stuck transaction causing a backlog” in a tweet at 8 a.m. on Monday. Zhao initially said the clog would take 30 minutes to clear, then wrote in a follow-up … Continue reading Bitcoin dips below $24K for first time since 2020 as Binance halts withdrawals