Bitcoin News: Bitcoin (BTC), the world’s largest crypto witnessed several hit backs over the past 24 hours leading it to print red indexes. Bitcoin price lost the crucial $28K level amid increased volatility in the market sparked due to withdrawal relate issue that popped up on Binance.
As per the data, Bitcoin price dropped by 3.6% as its market cap lost around $20 billion in the last 24 hours. This drop comes amid the recent point raised by the world’s largest crypto exchange. Binance temporarily halted bitcoin withdrawals for a couple of hours mentioning a heavy volume and a spike in processing fees.
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