The worldwide cryptocurrency market capitalization is at $892 billion, down from $893.3 billion on Friday morning.
The Hong-Kong primarily based cryptocurrency lender Babel Finance joined Celsius within the suspension of withdrawals, based on the corporate’s web site.
“As a result of present scenario, Babel Finance is dealing with uncommon liquidity pressures. We’re in shut communication with all associated events on the actions we’re taking in an effort to greatest defend our clients,” the assertion reads.
It goes on to say, “Throughout this era, redemptions and withdrawals …