Cutting Off Access To USD For Crypto Firms Is Deliberate, Matrixport | Bitcoinist.com
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The report points to these three events as possible evidence of this cut-off, which has already caused prices of cryptocurrencies to go down since then.
The first crypto platform to succumb was the Binance exchange
Now, another exchange has followed suit.
ByBit revealed that it will be pausing USD transfers on the platform from Mach 10
these could be intentional to reduce access to USD for crypto companies.
volume of bitcoin since then which is already down around 50%
For this reason, there could be more decline in prices to come, Thielen reasons, pointing to the decline in bullish sentiment among investors.
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