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Bitcoin Falls After Cryptocurrency Lending Firm Celsius Network Pauses Withdrawals

By
Shai Oster
· · Source: The Information

Bitcoin prices fell to their lowest level since December 2020 after cryptocurrency lending firm Celsius Network announced  it was suspending withdrawals. The firm cited “extreme market conditions” in halting withdrawals and transfers between accounts. Reuters said Celsius Network had raised $750 million in funding last year. Customers deposit their cryptocurrency with the company in...

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