Bitcoin’s price jumped 7.2% on Wednesday after cryptocurrency exchange platform Binance announced it will further cap withdrawals and leverage. The world’s most popular cryptocurrency was trading at around $39,870 at 10:00am GMT, regaining momentum after Tuesday’s losses. Number-two crypto ethereum was also trading around 4% higher. Also on rt.com Crypto rally deflates after Amazon denies report it will accept bitcoin as payment This comes after the world’s largest cryptocurrency exchange, Binance, announced it would lower daily withdrawals for new users
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