Binance Withdrawals Halted: The Shocking Technical Strain Behind a $64K Bitcoin Plunge
Global, May 2025: In a stark reminder of the cryptocurrency market’s volatility and technical fragility, leading exchanges Binance and Bybit reportedly paused user withdrawals for approximately twenty minutes during a severe market downturn. This shocking event, which saw Bitcoin’s price briefly crash below $64,000, was attributed by the platforms to overwhelming technical strain rather than […]
