Bitcoin tumbles as Binance paused withdrawals twice
Bitcoin deepened its losses on Monday, falling more than 3.8% to the lowest level in almost two weeks, as Binance, the largest crypto exchange, paused bitcoin withdrawals twice over the weekend.
The largest cryptocurrency BTCUSD on Monday fell to as low as $27,650, the lowest level since April 26, according to CoinDesk data. Bitcoin is up over 70% so far this year, but is still down almost 60% from its all-time high in 2021.
Binance…