WASHINGTON, June 14 Bitcoin fell as much as 14 per cent yesterday after major US cryptocurrency lending company Celsius Network froze withdrawals and transfers citing.
Bitcoin fell as much as 14 per cent on Monday after major U.S. cryptocurrency lending company Celsius Network froze withdrawals and transfers citing "extreme" market conditions, in the latest sign of the financial market downturn hitting the cryptosphere.
WASHINGTON - Bitcoin fell as much as 14 per cent on Monday (June 13) after major US cryptocurrency lending company Celsius Network froze withdrawals and transfers citing "extreme" market conditions, in the latest sign of the financial market downturn hitting the crypto sphere. The Celsius move triggered a slide across cryptocurrencies, with their value dropping below US$1 trillion (S$1.39 trillion).