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Binance CEO Changpeng Zhao Addresses BTC Withdrawal Halt As Bitcoin Network Fees Soar 18X in a Month
By Daily Hodl Staff at 2026-05-05 19:06
Sentiment: Negative
Top crypto exchange Binance suffered multiple Bitcoin (BTC) withdrawal shutdowns on Sunday as new BRC-20 tokens drove a gigantic surge in BTC transaction fees. Binance first announced on Sunday morning that it had temporarily suspended BTC withdrawals due to a Bitcoin network congestion issue. Withdrawals resumed about 90 minutes later, but then halted again later […] The post Binance CEO Changpeng Zhao Addresses BTC Withdrawal Halt As Bitcoin Network Fees Soar 18X in a Month appeared first on The Daily Hodl. Continue reading...
Categories: Bitcoin
Tags: #Bitcoin #Trading #BTC #News #trading
Source The Daily Hodl