What Analysts Are Saying After Crypto Lender Celsius Paused Withdrawals; BTC Drops Beneath $23K


Bitcoin was not too long ago buying and selling at about $22,500, down greater than 16% over the previous day. As for main altcoins, the query wasn’t whether or not they have been within the purple however by how a lot. Ether, the second-largest crypto by market cap, was altering arms at roughly $1,200, off over 17% throughout the identical interval and its lowest stage since January 2021. CRO was off greater than 20% at one level amid information that the crypto change would pare about 5% of its workforce, roughly 260 jobs. Wrapped bitcoin (WBTC) and TRX have been down practically the identical at the moment.


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