SAN FRANCISCO: Bitcoin plunged below US$20,000 on Saturday , shedding nine percent from the previous day to fall to US$18,740, its lowest level since Dec 13, 2020.
Other major digital currencies were also down on Saturday, including ether, which lost nearly 10 percent of its value. The Celsius Network said it was pausing"all withdrawals, swap, and transfers between accounts" due to"extreme market conditions."Major exchange Binance temporarily suspended bitcoin withdrawals and advised customers to use other networks.
Source: Digital Coin News (digitalcoinnews.net)
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