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Crypto contagion fears spread after celsius network freezes

Crypto contagion fears spread after celsius network freezes

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Crypto contagion fears spread after Celsius Network freezes withdrawals
Find Crypto Withdrawal Freeze News Latest News, Videos & Pictures on Crypto Withdrawal Freeze News and see latest updates, news, information from bitcoingate.org The Celsius move triggered a slide across cryptocurrencies, with their value dropping below $1 trillion on Monday for the first time since January , sparking worries the rout might spill over into other assets or hit other companies. Bitcoin fell as much as 14% on Monday after major US cryptocurrency lending company Celsius Network froze withdrawals and transfers citing �extreme� m.

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We have given our website a fresh and dynamic new look aimed at giving you easier access to the content you need. Insight: Fostering the role of peer-to-peer lending in the economy. More On This Topic. Also triggering worries was the move by major US cryptocurrency-lending company Celsius Network on Monday to freeze withdrawals and transfers, citing "extreme" market conditions, another sign of the financial market downturn hitting the cryptosphere.