During the European session, Bitcoin finally made some upside movement, having bounced off the double-bottom support level of $15,650. Genesis Global Capital, one of the largest cryptocurrency lenders, halted customer withdrawals due to a liquidity issue caused by an increase in withdrawal requests following the FTX collapse.
Following the demise of FTX, Genesis announced on November 16 that withdrawals would be temporarily halted due to “unprecedented market turmoil.” …
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