RE: Binance halted BTC withdrawals which created panic!
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The mempool congested due to a new token standard, BRC-20. These tokens (there are already >8000 of them, including the famous "Pepe"-Memecoin) created so much volume & traffic on the base layer, that the transaction fees skyrocketed. Those high fees then created the troubles for Binance.
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Thanks for the information, I did not know these meme coins were on the Bitcoin blockchain. It explains a lot then!