Binance closes BTC withdrawals amid congestion on the Bitcoin network Post author:MiamiCrypto Post published:May 7, 2023 Post category:Mempool Bitcoin mempool was clogged with over 400,000 transactions waiting to be processed on May 7. You Might Also Like After Halving Event, Bitcoin Transaction Fees Soar to Over $240 April 20, 2024 Bitcoin and Ethereum Fee Drop: The Perfect Time for Cost-Effective Transactions September 13, 2024 Bitcoin Network Overwhelmed by 390,000 Unconfirmed Transactions and Surging Fees May 7, 2023