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Binance Pauses Withdrawals Second Time in 12 Hours Amid Spike in Bitcoin Gas Fee

By Bhushan Akolkar at 2026-05-05 09:59

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The world’s largest cryptocurrency exchange Binance has paused Bitcoin withdrawals for the second time in the last 24 hours citing a sudden spike in the Bitcoin network gas fee. In their latest tweet, Binance said that they have paused “large volumes of pending transactions” and that the team is working to bring back BTC withdrawals The post Binance Pauses Withdrawals Second Time in 12 Hours Amid Spike in Bitcoin Gas Fee appeared first on CoinGape. Continue reading...

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Tags: #24/7 Cryptocurrency News #Bitcoin News Today #Binance #Bitcoin Price Analysis

Source CoinGape