Blame Bitcoin Network Congestion for Recent Price Retreat
May 12, 2023 at 08:05 AM EDT
The Bitcoin price was pushing its way above the $30,000 mark before recently staging a retreat to the $27,000 mark. Network congestion could be a reason for its recent slide. Binance, a major cryptocurrency exchange, halted withdrawals due to “heavy volumes and rising processing fees,” per a Reuters report. Nonetheless, some market experts see this [...] The post Blame Bitcoin Network Congestion for Recent Price Retreat appeared first on ETF Trends .
