Name: Binance Resumes Bitcoin Withdrawals as Bitcoin Blockchain Fees Jump
Uploaded: 2023-05-08T19:44:03.000Z
Duration: 3 min 8 s
Description: Binance resumed bitcoin withdrawals after a second pause, as the Bitcoin network suffers from congestion. This comes as fee rates on the bitcoin blockchain surged to a 2-year high after Taproot enabled inscriptions and BRC-20 to take up coveted block space. Sam Reynolds, CoinDesk Senior Markets Reporter for Asia, breaks down this developing story.

CD20$1,966.313.27%BTC$72,989.432.94%ETH$1,989.463.79%XRP$1.302.64%SOL$80.884.01%

Binance Resumes Bitcoin Withdrawals as Bitcoin Blockchain Fees Jump | CoinDesk Videos

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CD20$1,966.313.27%BTC$72,989.432.94%ETH$1,989.463.79%XRP$1.302.64%SOL$80.884.01%

Binance Resumes Bitcoin Withdrawals as Bitcoin Blockchain Fees Jump | CoinDesk Videos