The decision made by Binance, the largest cryptocurrency exchange in the world, to suspend bitcoin withdrawals due to high volumes and increased processing fees has created anxiety among traders and raised doubts about the future direction of Bitcoin's price.
Despite the halt, the decrease in Bitcoin's value was negligible, with the cryptocurrency dropping only 1% to $28,162, its lowest in nearly a week. ... Read More: Bitcoin Price Prediction as US Core Inflation Rate is Announced – Where is BTC Going Next?