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Binance temporarily suspends LUNA, UST withdrawals citing network congestion

The market value of UST, Terra’s stablecoin offering, recently fell below the expected $1 price point as LUNA’s price witnessed a sharp decline owing to a significant selloff.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Binance temporarily suspends LUNA, UST withdrawals citing network congestion

The market value of UST, Terra’s stablecoin offering, recently fell below the expected $1 price point as LUNA’s price witnessed a sharp decline owing to a significant selloff.

Why this matters

This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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