The largest cryptocurrency by market capitalization was recently trading at around $27,350, down over 5.5% in the past 24 hours, according to CoinDesk data, as investors continued to mull over a surge in interest in the PEPE meme coin and Binance congestion issues that forced the exchange giant to temporarily suspend bitcoin withdrawals over the weekend.
Source: https://www.coindesk.com/markets/2023/05/08/bitcoin-falls-below-275k-as-investors-weigh-meme-mania-binance-congestion-issues/?utm_medium=referral&utm_source=rss&utm_campaign=headlines