Bitcoin Falls Below $27.5K as Investors Weigh Meme Mania, Binance Congestion Issues
Briefly

Jocelyn Yang is a markets reporter at CoinDesk.She is a recent graduate of Emerson College's journalism program.Bitcoin ( BTC) kicked off the U.S. trading week, falling below $27,500 in the afternoon (ET).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.
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